Off Week for Holding Cos.

Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.

Strong advances by tech stocks last week buoyed the Dow Jones Industrial average to its highest close in four months, while the Nasdaq continued its winning streak as prices rose for the fourth week in a row. On the Big Board, ad holding company stocks underperformed in comparison to the broader market, noted David Doft, an advertising and marketing services analyst at CIBC World Markets. After IPG reported a soft first quarter with indications that the second quarter would not be substantially different, its shares traded downward 0.3

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in