Omnicom Group Inc. Stock Falls Tuesday, Underperforms Market
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Shares of Omnicom Group Inc. (OMC) sank 0.45% to $83.68 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.20% to 3,990.97 and Dow Jones Industrial Average falling 1.14% to 33,910.85. This was the stock's fourth consecutive day of losses. Omnicom Group Inc. closed $7.93 short of its 52-week high ($91.61), which the company achieved on February 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Trade Desk Inc. Cl A (TTD) rose 0.09% to $47.07 and Gartner Inc. (IT) fell 0.62% to $333.91. Trading volume (1.3 M) remained 149,764 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 17, 2023.
(END) Dow Jones Newswires
January 17, 2023 17:16 ET (22:16 GMT)
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