Omnicom Group Inc. Stock Falls Friday, Underperforms Market
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Shares of Omnicom Group Inc. (OMC) shed 0.34% to $84.06 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.40% to 3,999.09 and the Dow Jones Industrial Average rising 0.33% to 34,302.61. This was the stock's third consecutive day of losses. Omnicom Group Inc. closed $7.55 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 Friday, as Trade Desk Inc. Cl A (TTD) rose 0.71% to $47.03 and Gartner Inc. (IT) rose 0.01% to $335.98. Trading volume (1.4 M) remained 4,610 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2023.
(END) Dow Jones Newswires
January 13, 2023 17:16 ET (22:16 GMT)
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