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Shares of Omnicom Group Inc. (OMC) advanced 1.70% to $74.10 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.56% to 3,828.11 and the Dow Jones Industrial Average rising 1.02% to 33,160.83. This was the stock's third consecutive day of gains. Omnicom Group Inc. closed $17.51 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 Tuesday, as Publicis Groupe S.A. ADR (PUB.FR) rose 2.92% to $15.15 and Interpublic Group of Cos. (IPG) rose 1.71% to $30.37. Trading volume (1.2 M) remained 330,443 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 8, 2022.
(END) Dow Jones Newswires
November 08, 2022 17:14 ET (22:14 GMT)
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