DJ IPG Photonics Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of IPG Photonics Corp. $(IPGP)$ advanced 3.19% to $61.80 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.63% to 5,604.14 and the Dow Jones Industrial Average rising 0.21% to 40,752.96.
This was the stock's eighth consecutive day of gains.
IPG Photonics Corp. closed 32.98% 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 Thursday, as Teradyne Inc. $(TER)$ fell 0.58% to $73.78, Lumentum Holdings Inc. (LITE) rose 4.20% to $61.52, and nLIGHT Inc. (LASR) rose 3.24% to $7.96.
Trading volume (286,911) remained 106,537 below its 50-day average volume of 393,448.
Data source: Dow Jones Market Data, FactSet. Data compiled May 1, 2025.
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May 01, 2025 17:28 ET (21:28 GMT)
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