DJ IPG Photonics Corp. Stock Underperforms Tuesday When Compared To Competitors
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Shares of IPG Photonics Corp. $(IPGP)$ shed 2.02% to $53.40 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.17% to 5,396.63 and Dow Jones Industrial Average falling 0.38% to 40,368.96.
The stock's fall snapped a two-day winning streak.
IPG Photonics Corp. closed 42.09% below its 52-week high of $92.21, which the company achieved on July 17th.
The stock underperformed when compared to some of its competitors Tuesday, as Teradyne Inc. $(TER)$ rose 0.27% to $74.06, Lumentum Holdings Inc. (LITE) rose 0.63% to $52.69, and nLIGHT Inc. (LASR) fell 1.09% to $7.25.
Trading volume (302,476) remained 93,889 below its 50-day average volume of 396,365.
Data source: Dow Jones Market Data, FactSet. Data compiled April 15, 2025.
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April 15, 2025 17:28 ET (21:28 GMT)
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