Omnicom Group Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of Omnicom Group Inc. (OMC) advanced 2.39% to $75.11 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 5.54% to 3,956.37 and the Dow Jones Industrial Average rising 3.70% to 33,715.37. Omnicom Group Inc. closed $16.50 below its 52-week high ($91.61), which the company reached on February 10th.
The stock underperformed when compared to some of its competitors Thursday, as Publicis Groupe S.A. ADR (PUB.FR) rose 4.15% to $15.82 and Interpublic Group of Cos. (IPG) rose 3.91% to $31.07. Trading volume (1.5 M) remained 66,388 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 10, 2022.
(END) Dow Jones Newswires
November 10, 2022 17:14 ET (22:14 GMT)
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