Mix Momentum At Considerable Level: International Business Machines Corporation (NYSE:IBM)

International Business Machines Corporation (NYSE:IBM) [Trend Analysis], stock moved up around 0.43% in early session as its gaining volume of 2.6 Million. Qualys, Inc. (NASDAQ:QLYS) reported that an expanded partnership with IBM (NYSE:IBM) that will add Qualys’ continuous cloud-based IT security and compliance solutions to its Managed Security Services (MSS) portfolio. IBM will integrate Qualys technology to enable its consumers with enhanced visibility of IT assets, vulnerabilities and threat data, accelerating how they prioritize remediation and simplify management of their IT security and compliance posture at scale.

Extending digital enterprise infrastructure across global cloud and on-premises deployments requires that security teams gain continuous visibility of assets across diverse IT environments. IBM will add key capabilities of Qualys Vulnerability Management, Policy Compliance, Continuous Monitoring and ThreatPROTECT to the global threat landscape monitoring operations of its global IBM X-Force Command Centers worldwide. IBM could also integrate the multitenant Qualys Cloud Platform into its MSS portal and Single Sign-On platform, enhancing consumers’ continuous visibility and prioritization toolsets to more effectively manage IT security and compliance posture across hybrid public and private clouds.

The stock showed weekly upbeat performance of 1.73%, which maintained for the month at 8.49%. Similarly, the positive performance for the quarter recorded as 12.58% and for the year was 52.00%, while the YTD performance remained at 9.38%. IBM has Average True Range for 14 days of 2.12.

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Roger Valet

A Seneca Globe News writer since 2013, Roger Valet covers Wall Street and stock market news. In the past Roger covered the real estate market and then moved on to cover corporate management. You can reach Mr. Roger at roger.valet@senecaglobe.com

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