DJ IPG Photonics Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of IPG Photonics Corp. $(IPGP)$ rallied 2.84% to $53.30 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.13% to 5,282.70 and the Dow Jones Industrial Average falling 1.33% to 39,142.23.
The stock's rise snapped a two-day losing streak.
IPG Photonics Corp. closed 42.20% short of its 52-week high of $92.21, which the company achieved on July 17th.
The stock outperformed some of its competitors Thursday, as Teradyne Inc. $(TER)$ rose 0.13% to $71.25, Lumentum Holdings Inc. (LITE) fell 0.40% to $52.00, and nLIGHT Inc. (LASR) rose 1.12% to $7.20.
Trading volume (392,498) remained 10,664 below its 50-day average volume of 403,162.
Data source: Dow Jones Market Data, FactSet. Data compiled April 17, 2025.
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(END) Dow Jones Newswires
April 17, 2025 17:29 ET (21:29 GMT)
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