Omnicom Group Inc. Stock Outperforms Market Despite Losses On The Day
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Shares of Omnicom Group Inc. (OMC) slid 0.45% to $71.39 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.01% to 31,839.11 and the S&P 500 Index falling 0.74% to 3,830.60. The stock's fall snapped a three-day winning streak. Omnicom Group Inc. closed $20.22 short of its 52-week high ($91.61), which the company reached on February 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Publicis Groupe S.A. ADR (PUB.FR) fell 1.38% to $14.33 and Interpublic Group of Cos. (IPG) rose 0.27% to $30.15. Trading volume (1.9 M) eclipsed its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 26, 2022.
(END) Dow Jones Newswires
October 26, 2022 17:15 ET (21:15 GMT)
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