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Shares of Omnicom Group Inc. (OMC) rallied 1.52% to $72.22 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.36% to 3,770.55 and the Dow Jones Industrial Average rising 1.26% to 32,403.22. The stock's rise snapped a two-day losing streak. Omnicom Group Inc. closed $19.39 short of its 52-week high ($91.61), which the company achieved on February 10th.
The stock underperformed when compared to some of its competitors Friday, as Publicis Groupe S.A. ADR (PUB.FR) rose 4.14% to $14.34 and Interpublic Group of Cos. (IPG) rose 2.64% to $29.50. Trading volume (939,697) remained 571,488 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2022.
(END) Dow Jones Newswires
November 04, 2022 17:15 ET (21:15 GMT)
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