Best Buy, PPL Corporation Among Stocks Down on High Volume Tuesday

There are a few stocks down on high volume today:

  • Best Buy (NYSE:BBY) is trading down on above-normal volume today, seeing a price drop on a volume of 19.5 million, or 1.7 times its average daily volume. Shares have dropped 2.9% to $22. Shares are down over the last two months as the price has dropped $3.35 (-13.2%) from a price of $25.35 on February 9, 2012. The stock is trading at 88% of its 50-day moving average and 87.2% of its 200-day moving average.
  • Today, PPL Corporation (NYSE:PPL) is down on high volume, trading at a volume of 8.3 million, or 1.9 times its average daily volume. The stock is down 1.7% to $27.18. The share price has dropped $1.08 (-3.8%) from $28.26 on March 9, 2012. The stock is trading at 96.7% of its 50-day moving average and 95.5% of its 200-day moving average.
  • United Rentals (NYSE:URI) is seeing its price fall on above-normal volume today, as 2.8 million shares have moved, or 1.5 times its average daily volume. The stock price has sunk 7.5% to $38.39. The stock has risen $7.12 (22.8%) over the last three months from a price of $31.27 on January 11, 2012. The stock is trading 15.4% above its 200-day moving average.
  • Sony Corporation (NYSE:SNE) is down on high volume today, trading with volume of 3.4 million, or 3.5 times its average daily volume. Trading at $18.12, the stock is down 9.9%. The stock has been going in a negative direction over the last month, dropping $3.14 (-14.8%) from a price of $21.26 on March 9, 2012. The stock has moved down across its 200-day moving average of $19.54 today.
  • Banco Santander-Chile (NYSE:SAN) is trading down on above-normal volume today, seeing a price drop on a volume of 588,187, or 3.4 times its average daily volume. The stock price had dipped 1.2% to $82.91. Share price is up 23 cents (0.3%) from $83.14 on March 9, 2012. The stock is trading 4.3% above its 200-day moving average.
  • Home Inns & Hotels Management (NASDAQ:HMIN) is trading down on above-average volume today, seeing a price drop on a volume of 876,214, or 2.2 times its average daily volume. A decrease of 6.3% has brought the stock price to $25. The stock has been decreasing in the last two months, down $6.37 (-20.3%) from a price of $31.37 on February 9, 2012. The stock is trading at 90.2% of its 50-day moving average and 84% of its 200-day moving average.
  • Trading at a volume of 1.6 million, or 2.6 times its average daily volume, Optimer Pharmaceuticals (NASDAQ:OPTR) is down on high volume today. At $12.40, shares are down 9.6%. Shares are down $2.17 (-14.9%) from a price of $14.57 on April 2, 2012. The stock has moved down across its 200-day moving average of $12.68 today.
  • Halozyme Therapeutics (NASDAQ:HALO) is down on high volume today, trading with volume of 1.7 million, or 1.8 times its average daily volume. The stock price has sunk 9% to $11.06. Shares are down, having dropped $1.94 (-14.9%) from a price of $13 on April 2, 2012. The stock is trading 10.9% above its 200-day moving average.
  • Ritchie Bros. Auctioneers (NYSE:RBA) is seeing its price fall on above-normal volume today, as 631,436 shares have moved, or 1.7 times its average daily volume. The stock price had dipped 3.4% to $21.56. The stock is down over the last two months, having fallen $2.65 (-10.9%) from a price of $24.21 on February 9, 2012. The stock is trading at 90.7% of its 50-day moving average and 96.2% of its 200-day moving average.