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Shares of IPG Photonics Corp. IPGP rose 3.34% to $94.03 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 1.50% to 3,902.62 and the Dow Jones Industrial Average DJIA rising 1.12% to 31,384.55. IPG Photonics Corp. closed $126.48 below its 52-week high ($220.51), which the company achieved on August 2nd.
The stock outperformed some of its competitors Thursday, as Northrop Grumman Corp. NOC fell 0.52% to $479.38, Ciena Corp. CIEN rose 1.22% to $46.51, and II-VI Inc. IIVI rose 3.33% to $48.72. Trading volume (277,025) remained 511,208 below its 50-day average volume of 788,233.
Data source: Dow Jones Market Data, FactSet. Data compiled July 7, 2022.
(END) Dow Jones Newswires
July 07, 2022 17:00 ET (21:00 GMT)
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