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NEW YORK Yet another spike in the trading volume of Interpublic Group’s stock grabbed the attention of industry observers and analysts on Tuesday, igniting speculation about who was accumulating shares and for what purpose.
Beyond the obvious explanation that the stock is under-performing relative to its peers and therefore a bargain in the ad sector, analysts were at a loss to explain the trading of more than 7.9 million shares, more than three times IPG’s average volume of 2.4
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