Omnicom Group Inc. Stock Falls Thursday, Underperforms Market
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Shares of Omnicom Group Inc. (OMC) shed 0.08% to $75.61 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.75% to 3,963.51 and the Dow Jones Industrial Average rising 0.55% to 33,781.48. This was the stock's fifth consecutive day of losses. Omnicom Group Inc. closed $16.00 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 Thursday, as Trade Desk Inc. Cl A (TTD) rose 1.55% to $48.51 and Gartner Inc. (IT) rose 1.12% to $346.40. Trading volume (1.1 M) remained 342,055 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 8, 2022.
(END) Dow Jones Newswires
December 08, 2022 17:26 ET (22:26 GMT)
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