| Previous close | 7.00 |
| Open | 6.75 |
| Bid | 6.20 |
| Ask | 6.70 |
| Strike | 165.00 |
| Expiry date | 2026-01-16 |
| Day's range | 6.75 - 6.75 |
| Contract range | N/A |
| Volume | |
| Open interest | 849 |
ReutersIBM to take $2.7 billion charge related to transfer of pension obligations
Under the deal, nearly $6 billion of IBM's defined benefit pension obligations will be transferred to Prudential Insurance Company of America. A defined benefit plan guarantees a specific payout to employees upon retirement, completely funded by the employer without any contribution from the employee. The deal stipulates that, starting next year, Prudential will take full responsibility for paying out the pension benefits of nearly 32,000 participants enrolled in IBM's plan.
BloombergIBM Shares Hit Record as Investors Look for Stable Tech Winners
(Bloomberg) -- One of history’s original big tech firms has been having a quiet renaissance that’s pushed its shares to their first record in more than a decade.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisAfter a Record Hot Summer, Pressure Grows for A/C MandatesChicago Halts Hiring as Deficit Tops $1 Billion Through 2025For Tenants, AI-Powered Screening Can Be a New Barrier to HousingUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusInternational B
Investor's Business DailyIBM Stock Gets Price-Target Hike As Big Blue Returns To Record Territory
IBM stock is nearing a return to record territory for the first time in a decade amid rising AI excitement.
