Omnicom Group Inc. Stock Falls Wednesday, Underperforms Market
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Shares of Omnicom Group Inc. (OMC) slipped 0.60% to $75.67 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the Dow Jones Industrial Average remaining mostly unchanged at 33,597.92 and the S&P 500 Index falling 0.19% to 3,933.92. This was the stock's fourth consecutive day of losses. Omnicom Group Inc. closed $15.94 short of 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 Trade Desk Inc. Cl A (TTD) rose 0.67% to $47.77 and Gartner Inc. (IT) fell 1.51% to $342.55. Trading volume (1.6 M) eclipsed its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 7, 2022.
(END) Dow Jones Newswires
December 07, 2022 17:26 ET (22:26 GMT)
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