Technical Scrutiny: The Interpublic Group of Companies Inc., Monster Worldwide Inc., Lamar Advertising Co., and Omnicom Group Inc. Editor Note: For more information about this release, please scroll to bottom
LONDON, September 24, 2013 /PRNewswire/ --
On Monday, September 23, 2013, the U.S. equity market ended on a lower note with the S&P 500 falling by 0.47% to end the day at 1,701.84; the Dow Jones Industrial Average declining by 0.32% to close at 15,401.38; and the NASDAQ Composite finishing at 3,765.29, down 0.25%. Shares in the advertising agencies industry ended mostly on a lower note, tracking losses in the broader market. The major movers in the industry included The Interpublic Group of Companies Inc. (NYSE: IPG), Monster Worldwide Inc. (NYSE: MWW), Lamar Advertising Company (NASDAQ: LAMR), and Omnicom Group Inc. (NYSE: OMC). AAAResearchReports.com has tracked IPG, MWW, LAMR, and OMC. These reports can be seen for free at:
Shares in The Interpublic Group of Co. Inc. fell sharply on Monday, tracking losses in the broader market. The company's shares closed the day 1.22% lower at $17.07 after fluctuating between $16.92 and $17.24 during the trading session. A total of 4.92 million shares were traded, which is above the daily average volume of 4.20 million. Despite the sharp losses on Monday, the company's shares have surged 19.61% in the previous three months and 6.62% in the last one month, compared to a gain of 6.87% and 2.30% in the S&P 500 during the respective periods. Moreover, The Interpublic Group of Co. Inc.'s stock is trading near its 52-week high of $17.55 as well as above its 50-day and 200-day moving averages of $16.16 and $13.87, respectively. Download free research on IPG by signing up now at:
Monster Worldwide Inc.'s shares rose on Monday finishing 0.89% higher than the previous day's closing price of $4.51. The company's shares closed the day at $4.55 after oscillating between $4.45 and $4.59 during the trading session. A total of 1.52 million shares were traded, which is below the daily average volume of 2.04 million. Monster Worldwide Inc.'s shares have gained 5.57% in the previous one month and 0.44% in the last three trading sessions, outperforming the S&P 500 which has gained 2.30% and has lost 1.37% during the respective periods. Furthermore, the company's stock is trading below its 50-day and 200-day averages of $4.91 and $5.17, respectively. Register for today's free analysis on MWW at:
Shares in Lamar Advertising Co. fell sharply on Monday as the broader markets ended on a negative note. The company's shares closed the day 1.72% lower at $45.60 after oscillating between $45.26 and $46.41 during the trading session. A total of 0.95 million shares were traded, which is marginally below the daily average volume of 0.97 million. Despite Monday's losses, Lamar Advertising Co.'s shares have gained 3.03% in the previous three trading sessions and 7.95% in the last three months, compared to a loss of 1.37% and a gain of 6.87% in the S&P 500 during the respective periods. Further, the company's stock is currently trading above its 50-day and 200-day moving averages of $43.79 and $44.36, respectively. A free report on LAMR can be accessed by registering at:
Omnicom Group Inc.'s stock fell by 0.83% on Monday as the broader market ended on a negative note. The company's shares closed the day at $64.65 after oscillating between $64.54 and $65.44. A total of 1.05 million shares were traded, which is below the daily average volume of 1.98 million. Omnicom Group Inc.'s shares have gained 4.68% in the previous one month, compared to a gain of 2.30% in the S&P 500 during the same period. Additionally, the company's stock is trading above its 50-day and 200-day moving averages of $63.57 and $59.29, respectively. Register with AAA Research Reports and download research on OMC for free at:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE AAA Research Reports