Omnicom Group Inc. Stock Outperforms Market On Strong Trading Day

Ashland Inc

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Company profile

Ashland Inc. is a global additives and specialty ingredients company. It serves customers in a range of consumer and industrial markets, including architectural coatings, automotive, construction, energy, food and beverage, nutraceuticals, personal care and pharmaceuticals. Its segments include life sciences, personal care, specialty additives, and intermediates. The life sciences segment includes pharmaceuticals, nutraceuticals and nutrition, and diagnostic films and agricultural chemicals. The personal care segment skin and sun care, hair care, oral care, home care, and others. The specialty additives segment includes coatings, construction, and energy. The intermediates segment produces and supplies butanediol (BDO), Tetrahydrofuran (THF), n-methyl-pyrrolidone (NMP) and gamma-butyrolactone (GBL, BLO) in addition to other downstream products. Its products include acrylates, aquaflow, biofunctionals, cellulosics, cyclodextrins, encapsulates, emollient esters, emulsifiers, and others.

Omnicom Group Inc. Stock Outperforms Market On Strong Trading Day

5:15 pm ET January 5, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Omnicom Group Inc. (OMC) inched 0.81% higher to $85.12 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.16% to 3,808.10 and Dow Jones Industrial Average falling 1.02% to 32,930.08. This was the stock's third consecutive day of gains. Omnicom Group Inc. closed $6.49 below its 52-week high ($91.61), which the company achieved on February 10th.

The stock outperformed some of its competitors Thursday, as Trade Desk Inc. Cl A (TTD) fell 3.88% to $42.59 and Gartner Inc. (IT) fell 2.81% to $324.77. Trading volume (1.6 M) eclipsed its 50-day average volume of 1.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 5, 2023.

(END) Dow Jones Newswires

January 05, 2023 17:15 ET (22:15 GMT)