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International Business Times
International Business Times
World
Carla St. Louis

IBM Stock Skyrockets After Reporting Strong Earnings: Here's Whose Benefitting

The logo for IBM is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., June 27, 2018. (Credit: Reuters / BRENDAN MCDERMID)

IBM's recent earnings report showed that institutional investors benefited the most from its strong Q4 results.

Institutional investors own 61.19% of the company, reported NASDAQ.

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