Omnicom Group Inc. Stock Falls Friday, Underperforms Market
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Shares of Omnicom Group Inc. (OMC) slumped 0.87% to $85.28 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.25% to 4,070.56 and the Dow Jones Industrial Average rising 0.08% to 33,978.08. This was the stock's second consecutive day of losses. Omnicom Group Inc. closed $6.33 short of its 52-week high ($91.61), which the company reached on February 10th.
The stock underperformed when compared to some of its competitors Friday, as Trade Desk Inc. Cl A (TTD) rose 4.42% to $51.95 and Gartner Inc. (IT) rose 0.82% to $331.62. Trading volume (1.1 M) remained 296,867 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 27, 2023.
(END) Dow Jones Newswires
January 27, 2023 17:15 ET (22:15 GMT)
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