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Industry stocks traded on heavy volume today following the announcement of Publicis Groupe's merger with Omnicom. Publicis, Omnicom and Interpublic all rose to new 52-week highs before receding later in trading.
Publicis closed at $78.80 in Paris, up .08 percent, after rising to $83.93 at one point. Some 4.6 million shares changed hands compared to the company's average daily trading volume of 553,868.
Omnicom ended the day at $64.75, down .55 percent, following a day's high of $70.50.
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