IBM Stock Soared. Why the 111-Year-Old Tech Company Outperformed Today. - Barron's

International Business Machines' first quarter report topped estimates. The results are lifting other low-multiple, legacy-tech stocks including Oracle and HP.

Score one for the old timers. On a day when Netflix stock plunged 35% on concerns about disappointing subscriber growth, the market is getting a boost from none other than 111-year old International … [+334 chars]

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