IPG Photonics Corp. Stock Underperforms Monday When Compared To Competitors
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IPG Photonics Corp. (IPGP) shares fell 3.01% to $72.92 on Monday, underperforming in a weak stock market where the S&P 500 and Dow Jones dropped 0.35% and 0.51%, respectively. This decline ended a two-day winning streak, leaving the stock 20.92% below its 52-week high of $92.21. Competitors like Teradyne Inc. and Lumentum Holdings also saw declines, with trading volume at 212,101, below the 50-day average of 259,028.
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