This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of IPG Photonics Corp. rallied 5.6% to $67.62 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.8% to 5,767.57 and the Dow Jones Industrial Average rising 1.4% to 42,583.32.
The stock's rise snapped a two-day losing streak.
IPG Photonics Corp. closed 26.7% 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, as Teradyne Inc. rose 4.0% to $91.00, Lumentum Holdings Inc. rose 10.5% to $73.63, and nLIGHT Inc. rose 2.92% to $8.81.
Trading volume totaled 373,399, compared to the 50-day average of 334,602.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
March 24, 2025 16:34 ET (20:34 GMT)
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