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United States IPG Photonics Corp. stock rises Monday, outperforms market
Shares of IPG Photonics Corp. IPGP, +1.34% rallied 1.34% to $96.85 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.57% rising 0.57% to 4,296.12 and the Dow Jones Industrial Average DJIA, +0.70% rising 0.70% to 34,049.46. The stock's rise snapped a three-day losing streak. IPG Photonics Corp. closed $137.21 short of its 52-week high ($234.06), which the company reached on April 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Northrop Grumman Corp. NOC, -0.76% fell 0.76% to $444.02, Ciena Corp. CIEN, +2.49% rose 2.49% to $57.72, and II-VI Inc. IIVI, +0.76% rose 0.76% to $62.59. Trading volume (808,140) eclipsed its 50-day average volume of 701,413.
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
