Omnicom Group Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of Omnicom Group Inc. (OMC) inched 0.12% higher to $78.19 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.59% to 4,027.26 and the Dow Jones Industrial Average rising 0.28% to 34,194.06. This was the stock's second consecutive day of gains. Omnicom Group Inc. closed $13.42 below its 52-week high ($91.61), which the company achieved on February 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Publicis Groupe S.A. ADR (PUB.FR) fell 0.18% to $16.35 and Interpublic Group of Cos. (IPG) rose 1.18% to $34.22. Trading volume (715,870) remained 807,571 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2022.
(END) Dow Jones Newswires
November 23, 2022 17:15 ET (22:15 GMT)
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