Be among trailblazing marketing pros at Brandweek this September 23–26 in Phoenix, Arizona. Experience incredible networking, insightful sessions and a boost of inspiration at ADWEEK’s ultimate brand event. Register by May 13 to save 35%.
NEW YORK For the second straight day, the trading volume on Interpublic Group stock flew off the chart. On Tuesday, the volume skyrocketed to 38.9 million, more than 15 times the stock’s average volume of 2.5 million.
During the course of Tuesday, the share price fluctuated between $7.81 and $8.14 before closing at $8.01–the same price it closed at on Monday, when the volume reached 21.7 million. The high-volume trading comes as IPG raises $700 million through the sale of convertible notes.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in