IPG Photonics Corp. Stock Rises 4.6%, Outperforms Market

Dow Jones
03-15

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of IPG Photonics Corp. advanced 4.6% to $62.25 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.1% to 5,638.94 and the Dow Jones Industrial Average rising 1.7% to 41,488.19.

IPG Photonics Corp. closed 32.5% below 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, as Teradyne Inc. rose 1.7% to $86.74, Lumentum Holdings Inc. rose 5.5% to $63.61, and nLIGHT Inc. rose 1.36% to $8.93.

Trading volume totaled 328,330, compared to the 50-day average of 319,344.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 14, 2025 16:35 ET (20:35 GMT)

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