Active Dow 30 Stocks – Buffett Buys Some IBM and Boeing Gets Huge Order
There a couple of Dow 30 stocks doing well today even though the market as a whole is flat. Investors continue to eye Europe and any sudden changes there will have a drastic effect on markets worldwide. Let’s take a look at a couple of active Dow 30 stocks this morning.
International Business Machines Corp. (NYSE:IBM) is up about 1% this morning at $188.82. Warren Buffett announced earlier that Berkshire Hatahway will be taking a 5.5% stake in IBM. This is a first for Buffett as he is usually hesitant to enter in the technology sector. IBM has traded 2.53 million shares today and usually trades 6 million shares daily. The company has a current market cap of 222.69 billion.
The Boeing Company (NYSE:BA) is up 2.60% at $68.66 this morning after Emirate Airlines placed a huge order for 50 Boeing 777 jetliners. The order is worth $18 billion and is the largest commercial order by dollar value in U.S. aviation history. BA has traded 2.52 million shares this morning, and usually trades 5.77 million shares a day. The company has a current market cap of 51 billion.
The big loser today on the Dow 30 is JPMorgan Chase & Co. (NYSE:JPM) which is trading down 1.95% at $32.63. JPM has traded 7.36 million shares so far this morning. The stock usually trades 47.1 million shares daily. The company has a current market cap of 123.88 billion.
Overall the market looks to continue to trade flat as investors take a wait and see approach with Europe. Any breaking news coming out of the euro zone will cause lots of volatility in the market.
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