Shares of Omnicom Group Inc. /zigman2/quotes/209996569/composite OMC -1.21% inched 0.74% higher to $65.43 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.77% rising 1.46% to 3,789.99 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.53% rising 1.00% to 30,668.53. The stock's rise snapped a six-day losing streak. Omnicom Group Inc. closed $26.18 short of its 52-week high ($91.61), which the company reached on February 10th.
The stock underperformed when compared to some of its competitors Wednesday, as Publicis Groupe S.A. ADR /zigman2/quotes/203937091/delayed PUBGY -1.92% rose 1.25% to $12.11 and Interpublic Group of Cos. /zigman2/quotes/203101491/composite IPG -1.73% rose 0.97% to $28.05. Trading volume (1.5 M) remained 238,570 below its 50-day average volume of 1.7 M.