DJ IPG Photonics Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of IPG Photonics Corp. $(IPGP)$ slid 1.37% to $65.35 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.22% to 5,662.89 and Dow Jones Industrial Average falling 0.03% to 41,953.32.
The stock's fall snapped a four-day winning streak.
IPG Photonics Corp. closed 29.13% 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 Thursday, as Teradyne Inc. $(TER)$ fell 0.37% to $88.18, Lumentum Holdings Inc. (LITE) rose 2.47% to $68.83, and nLIGHT Inc. (LASR) fell 1.23% to $8.83.
Trading volume (294,843) remained 34,233 below its 50-day average volume of 329,076.
Data source: Dow Jones Market Data, FactSet. Data compiled March 20, 2025.
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March 20, 2025 17:28 ET (21:28 GMT)
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