Omnicom Group Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Omnicom Group Inc. (OMC) slid 1.31% to $82.58 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.56% to 3,928.86 and Dow Jones Industrial Average falling 1.81% to 33,296.96. This was the stock's fifth consecutive day of losses. Omnicom Group Inc. closed $9.03 short of 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 2.95% to $45.68 and Gartner Inc. (IT) fell 0.99% to $330.60. Trading volume (1.3 M) remained 156,091 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 18, 2023.
(END) Dow Jones Newswires
January 18, 2023 17:15 ET (22:15 GMT)
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