The stock market fell sharply anew on Wednesday, with all major indices ending in the red, as investor sentiment was dampened by Federal Chairman Jerome Powell’s bearish comments on the US economy, saying that the US’ tariff policies could drive up inflation and “move us further away from our goals.”
The tech-heavy Nasdaq dropped the hardest, down 3.07 percent. The S&P 500 declined by 2.24 percent, and the Dow Jones was down by 1.73 percent.
To come up with the list of the stocks that declined on Wednesday, we only considered the stocks with $2 billion market capitalization and $5 million trading volume.
A social media specialist crafting new ideas for healthcare marketing campaigns on a laptop.
Omnicom Group Inc. (NYSE:OMC) fell by 7.28 percent on Wednesday to close at $71.24 apiece after the advertising holding firm lowered its organic growth projections this year amid the ongoing market uncertainties.
Omnicom Group Inc. (NYSE:OMC), which owns agencies such as BBDO, OMD, and TBWA, now expects organic growth to settle between 2.5 percent and 4.5 percent, a reduction from the 3.5 to 4.5 percent range as projected previously.
“As you’re all keenly aware, there’s been increased volatility in the economy and the markets. We’re assessing the implications of these events to determine how they will affect our clients and our business,” said Omnicom Group Inc. (NYSE:OMC) Chief Executive Officer John Wren during the company’s earnings call.
In the first quarter of the year, revenues stood at $3.7 billion, higher by 1.6 percent versus the same period last year.
Overall OMC ranks 8th on our list of the stocks that declined on Wednesday. While we acknowledge the potential of OMC as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than OMC but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
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