DJ IPG Photonics Corp. Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of IPG Photonics Corp. $(IPGP)$ rose 1.20% to $65.59 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.72% to 5,886.55 and the Dow Jones Industrial Average falling 0.64% to 42,140.43.
This was the stock's fifth consecutive day of gains.
IPG Photonics Corp. closed 28.87% 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 2.22% to $84.90, Lumentum Holdings Inc. (LITE) rose 3.88% to $74.51, and nLIGHT Inc. (LASR) rose 6.25% to $13.26.
Trading volume (228,630) remained 191,634 below its 50-day average volume of 420,264.
Data source: Dow Jones Market Data, FactSet. Data compiled May 13, 2025.
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May 13, 2025 17:26 ET (21:26 GMT)
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