This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of IPG Photonics Corp. rallied 5.4% to $57.88 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.4% to 5,631.28 and the Dow Jones Industrial Average rising 0.7% to 41,113.97.
The stock's rise snapped a two-day losing streak.
IPG Photonics Corp. closed 37.2% short of its 52-week high of $92.21, which the company reached on July 17th.
The stock outperformed some of its competitors, as Teradyne Inc. rose 1.4% to $75.09, Lumentum Holdings Inc. rose 2.8% to $66.24, and nLIGHT Inc. rose 1.74% to $8.19.
Trading volume totaled 832,351, compared to the 50-day average of 411,897.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
May 07, 2025 16:34 ET (20:34 GMT)
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