This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of IPG Photonics Corp. (IPGP) slipped 1.76% to $87.10 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.84% to 3,757.99 and Dow Jones Industrial Average falling 0.35% to 30,076.68. IPG Photonics Corp. closed $93.44 short of its 52-week high ($180.54), which the company achieved on November 2nd.
The stock underperformed when compared to some of its competitors Thursday, as Northrop Grumman Corp. (NOC) rose 0.73% to $496.46 and Ciena Corp. (CIEN) rose 0.74% to $41.04. Trading volume (354,680) eclipsed its 50-day average volume of 295,332.
Data source: Dow Jones Market Data, FactSet. Data compiled September 22, 2022.
(END) Dow Jones Newswires
September 22, 2022 17:01 ET (21:01 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.