Last week, eight prominent Ohio-based companies witnessed notable stock growth, with one Cleveland-area company leading the surge.

Medpace Holdings Leads the Pack

Medpace Holdings, a clinical pharmacology and laboratory services company headquartered in Cincinnati, spearheaded the upward trend with a remarkable 3.8% growth. This surge translated to an additional $14.85 per share. The company’s market cap stands at an impressive $12.4 billion, emphasizing its significant presence in the market.

Progressive Corp. Shows Resilience

Progressive Corp., headquartered in Mayfield Village, emerged as another success story among Cleveland-area companies. With a growth of 0.6%, or $1.35 per share, Progressive Corp. demonstrated its resilience in the financial and insurance sector. Its market cap of $124.5 billion underscores its substantial standing within the industry.

The Top Gainers

Here’s a rundown of the top eight Ohio companies that experienced stock growth, ranked by percentage change:

• Medpace Holdings Inc. (MEDP): 3.8% growth, with a market cap of $12.4 billion
• J.M. Smucker Co. (SJM): 3% growth, with a market cap of $12.2 billion
• Mettler-Toledo International (MTD): 2.5% growth, with a market cap of $30.7 billion
• Procter & Gamble Co. (PG): 1.5% growth, with a market cap of $394.3 billion
• Progressive Corp. (PGR): 0.6% growth, with a market cap of $124.5 billion
• Cintas Corporation (CTAS): 0.6% growth, with a market cap of $69.2 billion
• Lancaster Colony Corp. (LANC): 0.3% growth, with a market cap of $5.1 billion
• Welltower (WELL): 0.1% growth, with a market cap of $62.1 billion

Conclusion: Thriving Ohio Businesses

The recent stock growth among these Ohio-based companies reflects a promising outlook for the state’s economy. With key players like Medpace Holdings and Progressive Corp. leading the way, investors can remain optimistic about the future trajectory of these businesses. For more news and updates, download The Local News App to stay informed about the latest developments impacting Ohio’s corporate landscape.

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