DJ IPG Photonics Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of IPG Photonics Corp. $(IPGP)$ rallied 1.67% to $66.49 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.70% to 5,958.38 and the Dow Jones Industrial Average rising 0.78% to 42,654.74.
This was the stock's second consecutive day of gains.
IPG Photonics Corp. closed 27.89% short of its 52-week high of $92.21, which the company reached on July 17th.
The stock outperformed some of its competitors Friday, as Teradyne Inc. $(TER)$ fell 0.31% to $82.73, Lumentum Holdings Inc. (LITE) rose 0.24% to $77.95, and nLIGHT Inc. (LASR) fell 0.78% to $12.67.
Trading volume (275,751) remained 112,057 below its 50-day average volume of 387,808.
Data source: Dow Jones Market Data, FactSet. Data compiled May 16, 2025.
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May 16, 2025 17:26 ET (21:26 GMT)
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