IPG Photonics Corp. Stock Underperforms Monday When Compared To Competitors

Dow Jones11-05 06:27

DJ IPG Photonics Corp. Stock Underperforms Monday When Compared To Competitors

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of IPG Photonics Corp. $(IPGP)$ slid 2.09% to $80.57 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.28% to 5,712.69 and Dow Jones Industrial Average falling 0.61% to 41,794.60.

IPG Photonics Corp. closed $30.54 below its 52-week high ($111.11), which the company achieved on December 26th.

The stock underperformed when compared to some of its competitors Monday, as Teradyne Inc. $(TER)$ fell 2.08% to $104.27 and Lumentum Holdings Inc. (LITE) fell 1.81% to $64.17.

Trading volume (222,386) remained 57,502 below its 50-day average volume of 279,888.

Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2024.

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November 04, 2024 17:27 ET (22:27 GMT)

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