Omnicom Group Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Omnicom Group Inc. (OMC) shed 0.68% to $71.14 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.06% to 3,719.89 and Dow Jones Industrial Average falling 0.46% to 32,001.25. This was the stock's second consecutive day of losses. Omnicom Group Inc. closed $20.47 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 1.08% to $13.77 and Interpublic Group of Cos. (IPG) fell 1.17% to $28.74. Trading volume (1.1 M) remained 361,995 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 3, 2022.
(END) Dow Jones Newswires
November 03, 2022 17:14 ET (21:14 GMT)
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