DJ IPG Photonics Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of IPG Photonics Corp. $(IPGP)$ rallied 4.39% to $66.10 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.07% to 5,614.66 and Dow Jones Industrial Average falling 0.62% to 41,581.31.
This was the stock's third consecutive day of gains.
IPG Photonics Corp. closed 28.32% below its 52-week high of $92.21, which the company reached on July 17th.
The stock outperformed some of its competitors Tuesday, as Teradyne Inc. $(TER)$ fell 1.44% to $88.87, Lumentum Holdings Inc. (LITE) fell 3.56% to $65.88, and nLIGHT Inc. (LASR) rose 0.11% to $9.21.
Trading volume (388,416) eclipsed its 50-day average volume of 324,042.
Data source: Dow Jones Market Data, FactSet. Data compiled March 18, 2025.
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March 18, 2025 17:28 ET (21:28 GMT)
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