Omnicom Group Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Omnicom Group Inc. (OMC) rose 4.79% to $91.83 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 1.47% to 4,179.76 and the Dow Jones Industrial Average falling 0.11% to 34,053.94. This was the stock's third consecutive day of gains. Omnicom Group Inc. hit a new 52-week high, surpassing its previous peak of $91.61, which the company achieved on February 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Trade Desk Inc. Cl A (TTD) rose 8.98% to $57.01 and Gartner Inc. (IT) rose 0.36% to $348.54. Trading volume (2.9 M) eclipsed its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 2, 2023.
(END) Dow Jones Newswires
February 02, 2023 17:16 ET (22:16 GMT)
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