DJ IPG Photonics Corp. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of IPG Photonics Corp. $(IPGP)$ rose 1.47% to $58.73 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.58% to 5,663.94 and the Dow Jones Industrial Average rising 0.62% to 41,368.45.
This was the stock's second consecutive day of gains.
IPG Photonics Corp. closed 36.31% below its 52-week high of $92.21, which the company achieved on July 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Teradyne Inc. $(TER)$ rose 2.33% to $76.84, Lumentum Holdings Inc. (LITE) fell 0.88% to $65.66, and nLIGHT Inc. (LASR) rose 5.13% to $8.61.
Trading volume (403,495) remained 19,362 below its 50-day average volume of 422,857.
Data source: Dow Jones Market Data, FactSet. Data compiled May 8, 2025.
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May 08, 2025 17:28 ET (21:28 GMT)
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