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IPG Photonics' stock price (last five years)
Since peaking in early 2018, IPG Photonics' stock price has dropped in value by around half. That has coincided with the combination of increased competition in China, the impact of the US-China trade war, and continued macroeconomic weakness in Europe. The fiber laser firm is looking to develop new high-performance lasers and diversify its application base away from metal cutting in particular. Image: nasdaq.com.
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