Stocks on the Move: The Interpublic Group of Companies, Inc. (IPG), MannKind Corp. (MNKD), The Home Depot, Inc. (HD)

The Interpublic Group of Companies, Inc. (IPG) managed to rebound with the stock climbing 1.18% or $0.26 to close the day at $22.3 on active trading volume of 4.54M shares, compared to its three month average trading volume of 3.9M. The New York New York 10022 based company has been outperforming the advertising agencies group over the past 52 weeks, with the stock gaining 0.47%, compared to the industry which has dropped -0.03% over the same period. With RSI of 45.7, the stock should still continue to rise and get closer to its one year target estimate of $26.07, making it a hold for now.

The Interpublic Group of Companies, Inc. provides advertising and marketing services worldwide. It operates through two segments, Integrated Agency Networks and Constituency Management Group. The company offers consumer advertising, digital marketing, communications planning and media buying, public relations, and specialized communications disciplines. It also provides various diversified services, including public relations, meeting and event production, sports and entertainment marketing, corporate and brand identity, and strategic marketing consulting. The company’s brands comprise McCann, MullenLowe, IPG Mediabrands, Carmichael Lynch, Deutsch, Hill Holliday, and The Martin Agency, as well as Foote, Cone & Belding. The company was formerly known as McCann-Erickson Incorporated and changed its name to The Interpublic Group of Companies, Inc. in January 1961. The Interpublic Group of Companies, Inc. was founded in 1902 and is headquartered in New York, New York.