Omnicom Group Inc. Stock Outperforms Market Despite Losses On The Day
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Shares of Omnicom Group Inc. (OMC) slipped 0.92% to $80.63 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.20% to 3,783.22 and Dow Jones Industrial Average falling 1.10% to 32,875.71. The stock's fall snapped a six-day winning streak. Omnicom Group Inc. closed $10.98 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 Wednesday, as Trade Desk Inc. Cl A (TTD) fell 1.14% to $43.32 and Gartner Inc. (IT) fell 0.83% to $332.87. Trading volume (928,104) remained 625,508 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 28, 2022.
(END) Dow Jones Newswires
December 28, 2022 17:16 ET (22:16 GMT)
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