Shares of Interpublic Group of Cos. /zigman2/quotes/203101491/composite IPG +2.65% slumped 0.92% to $36.48 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +2.39% falling 0.97% to 4,532.76 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.47% falling 0.96% to 35,028.65. This was the stock's second consecutive day of losses. Interpublic Group of Cos. closed $2.87 below its 52-week high ($39.35), which the company reached on September 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Omnicom Group Inc. /zigman2/quotes/209996569/composite OMC +1.96% fell 2.43% to $76.97 and Publicis Groupe S.A. ADR /zigman2/quotes/203937091/delayed PUBGY +3.39% fell 0.35% to $17.27. Trading volume (2.6 M) remained 604,524 below its 50-day average volume of 3.2 M.