NYSE Stocks in News (IBM, WMT, VZ)

Shares of International Business Machines Corp. (NYSE: IBM) are up 0.38% to $129.79 in early trading today. The stock opened at $129.25 and reached a high of $130.38 in early trading on volume of 1.13 million.

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The IBM stock has a 52-week range of $99.50-$134.25. It has a 50-day moving average of $127.91 and a 200-day moving average of $125.55. The support level for the stock is at $128.42, while the resistance level is at $130.82. The IBM stock has a consensus rating of Outperform.

Shares of Wal-Mart Stores Inc. (NYSE: WMT) are down 0.22% to $50.57 in early trading today. The stock opened at $50.76 and reached a high of $50.98 in early trading on volume of 2.60 million.

The Wal-Mart Stores Inc. stock has a 52-week range of $47.35-$56.27. It has a 50-day moving average of $52.23 and a 200-day moving average of $52.30. The support level for the stock is at $50.36, while the resistance level is at $51.23. The consensus rating on the Wal-Mart stock is Buy.

Wal-Mart has teamed up with Eli Lilly (NYSE: LLY) to provide people with diabetes with an affordable insulin option. Starting in mid-September, Eli Lilly’s Humulin® brand of insulin will be available in Wal-Mart pharmacies across the U.S.

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Shares of Verizon Communications Inc. (NYSE: VZ) are up 1.34% in early trading today. The stock opened at $29.20 and reached a high of $29.47 on volume of 4.52 million.

The Verizon Communications Inc. stock has a 52-week range of $26.49-$34.13. It has a 50-day moving average of $28.54 and a 200-day moving average of $29.45. The support level for the stock is at $28.55, while the resistance level is at $29.29. The consensus rating on the Verizon stock is Outperform.

Verizon Communications has completed the industry leading 100G Ethernet field trial.

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