DJ IPG Photonics Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of IPG Photonics Corp. $(IPGP)$ shed 1.47% to $65.51 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.09% to 5,963.60 and the Dow Jones Industrial Average rising 0.32% to 42,792.07.
The stock's fall snapped a two-day winning streak.
IPG Photonics Corp. closed 28.96% short of its 52-week high of $92.21, which the company reached on July 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Teradyne Inc. $(TER)$ fell 1.52% to $81.47, Lumentum Holdings Inc. (LITE) fell 0.10% to $77.87, and nLIGHT Inc. (LASR) fell 0.16% to $12.65.
Trading volume (285,728) remained 87,353 below its 50-day average volume of 373,081.
Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2025.
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May 19, 2025 17:29 ET (21:29 GMT)
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