New York-based The Interpublic Group of Companies, Inc. (IPG) provides advertising and marketing services. Valued at $11.8 billion by market cap, IPG is a global provider of marketing solutions that operate in advertising, independent media buying, direct marketing, healthcare communications, interactive consulting services, marketing research, promotions, experiential and sport marketing, and public relations sectors.
Shares of this global advertising holding company have underperformed the broader market considerably over the past year. IPG has declined 3.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 28.1%. In 2024, IPG stock is down 4.3%, while SPX is up 17.3% on a YTD basis.
