This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of IPG Photonics Corp. (IPGP) rose 2.00% to $87.03 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.97% to 3,719.04 and the Dow Jones Industrial Average rising 1.88% to 29,683.74. This was the stock's second consecutive day of gains. IPG Photonics Corp. closed $93.51 below its 52-week high ($180.54), which the company achieved on November 2nd.
The stock underperformed when compared to some of its competitors Wednesday, as Northrop Grumman Corp. (NOC) rose 2.01% to $483.69 and Ciena Corp. (CIEN) rose 4.36% to $42.12. Trading volume (274,878) remained 29,877 below its 50-day average volume of 304,755.
Data source: Dow Jones Market Data, FactSet. Data compiled September 28, 2022.
(END) Dow Jones Newswires
September 28, 2022 17:01 ET (21:01 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.