This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of IPG Photonics Corp. slipped 6.4% to $74.90 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.5% to 7,619.98 and Dow Jones Industrial Average falling 0.3% to 52,421.20.
IPG Photonics Corp. closed 51.9% short of its 52-week high of $155.82, which the company achieved on February 13th.
The stock demonstrated a mixed performance when compared to some of its peers, as Teradyne Inc. fell 13.3% to $329.20, Lumentum Holdings Inc. fell 9.9% to $835.03, and nLIGHT Inc. fell 4.76% to $38.45.
Trading volume totaled 319,358, compared to the 50-day average of 471,815.
Data source: Dow Jones Market Data, FactSet