Omnicom Group Inc. Stock Falls Monday, Underperforms Market
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Shares of Omnicom Group Inc. (OMC) shed 1.84% to $77.20 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.79% to 3,998.84 and Dow Jones Industrial Average falling 1.40% to 33,947.10. This was the stock's second consecutive day of losses. Omnicom Group Inc. closed $14.41 below its 52-week high ($91.61), which the company reached on February 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Trade Desk Inc. Cl A (TTD) fell 6.70% to $50.84 and Gartner Inc. (IT) fell 0.43% to $350.46. Trading volume (1.0 M) remained 459,076 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 5, 2022.
(END) Dow Jones Newswires
December 05, 2022 17:25 ET (22:25 GMT)
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