IPG Photonics Corp. inventory outperforms rivals on sturdy buying and selling day

Revealed: March 2, 2023 at 5:02 p.m. ET

Shares of IPG Photonics Corp. IPGP rallied 1.89% to $127.00 Thursday, on what proved to be an all-around nice buying and selling session for the inventory market, with the S&P 500 Index SPX rising 0.76% to three,981.35 and the Dow Jones Industrial Common DJIA rising 1.05% to 33,003.57. This was the inventory’s second consecutive day of features. IPG Photonics Corp. closed $7.81 in need of its 52-week excessive ($134.81), which the corporate achieved on February sixteenth.

The inventory outperformed a few of its rivals Thursday, as Teradyne Inc. TER rose 0.66%…

Shares of IPG Photonics Corp.

IPGP

rallied 1.89% to $127.00 Thursday, on what proved to be an all-around nice buying and selling session for the inventory market, with the S&P 500 Index

SPX

rising 0.76% to three,981.35 and the Dow Jones Industrial Common

DJIA

rising 1.05% to 33,003.57. This was the inventory’s second consecutive day of features. IPG Photonics Corp. closed $7.81 in need of its 52-week excessive ($134.81), which the corporate achieved on February sixteenth.

The inventory outperformed a few of its rivals Thursday, as Teradyne Inc.

TER

rose 0.66% to $102.05, Lumentum Holdings Inc.

LITE

rose 0.64% to $53.18, and Nationwide Devices Corp.

NATI

rose 1.00% to $50.62. Buying and selling quantity (206,109) remained 78,453 beneath its 50-day common quantity of 284,562.


Editor’s Word: This story was auto-generated by Automated Insights, an automation expertise supplier, utilizing information from Dow Jones and FactSet. See our market information phrases of use.

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