This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of IPG Photonics Corp. (IPGP) slid 0.38% to $87.26 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.13% to 3,901.35 and Dow Jones Industrial Average falling 0.56% to 30,961.82. This was the stock's third consecutive day of losses. IPG Photonics Corp. closed $93.28 below its 52-week high ($180.54), which the company reached on November 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Northrop Grumman Corp. (NOC) rose 0.04% to $485.08 and Ciena Corp. (CIEN) fell 1.19% to $42.20. Trading volume (358,137) eclipsed its 50-day average volume of 271,337.
Data source: Dow Jones Market Data, FactSet. Data compiled September 15, 2022.
(END) Dow Jones Newswires
September 15, 2022 17:01 ET (21:01 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.