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Shares of IPG Photonics Corp. IPGP rose 1.04% to $91.89 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.16% to 3,831.39 and the Dow Jones Industrial Average DJIA falling 0.42% to 30,967.82. The stock's rise snapped a two-day losing streak. IPG Photonics Corp. closed $128.62 below its 52-week high ($220.51), which the company achieved on August 2nd.
The stock outperformed some of its competitors Tuesday, as Northrop Grumman Corp. NOC fell 4.53% to $464.36, Ciena Corp. CIEN fell 0.26% to $45.52, and II-VI Inc. IIVI fell 1.61% to $48.34. Trading volume (271,020) remained 535,755 below its 50-day average volume of 806,775.
Data source: Dow Jones Market Data, FactSet. Data compiled July 5, 2022.
(END) Dow Jones Newswires
July 05, 2022 17:00 ET (21:00 GMT)
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