DJ Interpublic Group Of Cos. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Interpublic Group of Cos. $(IPG)$ sank 0.34% to $29.07 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
This was the stock's second consecutive day of losses.
Interpublic Group of Cos. closed $6.10 below its 52-week high ($35.17), which the company reached on March 14th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Trade Desk Inc. Cl A (TTD) fell 5.25% to $127.93 and Gartner Inc. (IT) fell 3.15% to $481.77.
Trading volume (6.2 M) eclipsed its 50-day average volume of 5.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 17:18 ET (22:18 GMT)
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