Omnicom Group Inc. Stock Rises Monday, Still Underperforms Market
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Shares of Omnicom Group Inc. (OMC) inched 0.89% higher to $72.86 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.96% to 3,806.80 and the Dow Jones Industrial Average rising 1.31% to 32,827.00. This was the stock's second consecutive day of gains. Omnicom Group Inc. closed $18.75 short of its 52-week high ($91.61), which the company reached on February 10th.
The stock underperformed when compared to some of its competitors Monday, as Publicis Groupe S.A. ADR (PUB.FR) rose 2.65% to $14.72 and Interpublic Group of Cos. (IPG) rose 1.22% to $29.86. Trading volume (1.3 M) remained 204,158 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 7, 2022.
(END) Dow Jones Newswires
November 07, 2022 17:14 ET (22:14 GMT)
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