Omnicom Group Inc. Stock Falls Monday, Still Outperforms Market
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Shares of Omnicom Group Inc. (OMC) dropped 0.52% to $84.84 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.30% to 4,017.77 and Dow Jones Industrial Average falling 0.77% to 33,717.09. This was the stock's third consecutive day of losses. Omnicom Group Inc. closed $6.77 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 Monday, as Trade Desk Inc. Cl A (TTD) fell 5.26% to $49.22 and Gartner Inc. (IT) rose 0.48% to $333.22. Trading volume (1.1 M) remained 316,613 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 30, 2023.
(END) Dow Jones Newswires
January 30, 2023 17:16 ET (22:16 GMT)
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