This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of IPG Photonics Corp. (IPGP) rose 2.67% to $92.18 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.53% to 4,067.36 and the Dow Jones Industrial Average rising 1.19% to 32,151.71. This was the stock's third consecutive day of gains. IPG Photonics Corp. closed $88.36 below its 52-week high ($180.54), which the company achieved on November 2nd.
The stock outperformed some of its competitors Friday, as Northrop Grumman Corp. (NOC) rose 0.34% to $491.41 and Ciena Corp. (CIEN) rose 1.05% to $44.33. Trading volume (240,649) remained 37,005 below its 50-day average volume of 277,654.
Data source: Dow Jones Market Data, FactSet. Data compiled September 9, 2022.
(END) Dow Jones Newswires
September 09, 2022 17:00 ET (21:00 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.