Shares of Omnicom Group Inc. /zigman2/quotes/209996569/composite OMC -3.31% shed 2.43% to $76.97 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 -4.04% falling 0.97% to 4,532.76 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -3.57% falling 0.96% to 35,028.65. This was the stock's second consecutive day of losses. Omnicom Group Inc. closed $9.41 below its 52-week high ($86.38), which the company achieved on May 10th.
The stock underperformed when compared to some of its competitors Wednesday, as Publicis Groupe S.A. ADR /zigman2/quotes/203937091/delayed PUBGY -2.23% fell 0.35% to $17.27 and Interpublic Group of Cos. /zigman2/quotes/203101491/composite IPG -4.54% fell 0.92% to $36.48. Trading volume (1.6 M) remained 337,661 below its 50-day average volume of 1.9 M.