Omnicom Group Inc. Stock Falls Thursday, Still Outperforms Market
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Shares of Omnicom Group Inc. (OMC) shed 0.34% to $71.15 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.61% to 32,033.28 and the S&P 500 Index falling 0.61% to 3,807.30. This was the stock's second consecutive day of losses. Omnicom Group Inc. closed $20.46 below its 52-week high ($91.61), which the company achieved on February 10th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Publicis Groupe S.A. ADR (PUB.FR) fell 1.74% to $14.08 and Interpublic Group of Cos. (IPG) fell 2.09% to $29.52. Trading volume (1.3 M) remained 180,505 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 27, 2022.
(END) Dow Jones Newswires
October 27, 2022 17:15 ET (21:15 GMT)
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