Economic Uncertainties Batter Trading in These 10 Firms

6. The Interpublic Group of Companies, Inc. (NYSE:IPG)

The Interpublic Group of Companies saw its share prices drop by 7.44 percent on Wednesday to end at $23.27 each as investors sold off positions in advertising stocks amid expectations of lower advertising spending.

IPG traded lower alongside its peers, namely APP and OPC, after the latter significantly lowered its growth expectations given the market uncertainties from the ongoing trade tensions between the United States and China.

Further adding to the sentiment were uncertainties on IPG’s looming merger with OMC, which is now being reviewed by the US Federal Trade Commission.

OMC agreed to acquire IPG in December for $13.3 billion. Upon completion, the merger would combine two of the world’s largest advertising groups.

The transaction is expected to generate annual cost synergies of $750 million, and to close in the second half of 2025.