DJ IPG Photonics Corp. Stock Outperforms Competitors On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of IPG Photonics Corp. $(IPGP)$ inched 0.52% higher to $84.84 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.17% to 37,798.97 and the S&P 500 Index falling 0.21% to 5,051.41.
The stock's rise snapped a two-day losing streak.
IPG Photonics Corp. closed $57.01 short of its 52-week high ($141.85), which the company reached on July 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Teradyne Inc. $(TER)$ rose 0.49% to $104.93 and Lumentum Holdings Inc. (LITE) rose 3.59% to $43.31.
Trading volume (194,141) remained 90,324 below its 50-day average volume of 284,465.
Data source: Dow Jones Market Data, FactSet. Data compiled April 16, 2024.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
April 16, 2024 17:30 ET (21:30 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
Comments