Omnicom Group Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of Omnicom Group Inc. (OMC) rose 1.19% to $81.59 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.75% to 3,849.28 and the Dow Jones Industrial Average rising 1.05% to 33,220.80. Omnicom Group Inc. closed $10.02 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 4.66% to $45.34 and Gartner Inc. (IT) rose 2.21% to $340.22. Trading volume (878,339) remained 654,265 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 29, 2022.
(END) Dow Jones Newswires
December 29, 2022 17:15 ET (22:15 GMT)
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