SanDisk Corporation, Chipotle Mexican Grill Among Stocks Down on Above-average Volume Friday

Published April 20, 2012

| FOXBusiness

Today, these stocks are down on high volume:

  • SanDisk Corporation (SNDK) is seeing its price fall on above-normal volume today, as 18.4 million shares have moved, or three times its average daily volume. The stock price has sunk 14.2% to $34.73. The share price has dropped $16.56 (-32.3%) from $51.29 on March 21, 2012. The stock is trading at 74.2% of its 50-day moving average and 73.3% of its 200-day moving average.

  • Chipotle Mexican Grill (CMG) is down on high volume today, trading with volume of 1.1 million, or 1.6 times its average daily volume. The stock price has decreased 1.3% to $425.17. Share price is up $9.06 (2.2%) from $416.11 on March 21, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 2.3% above the mark.

  • Intuit (INTU) is trading down on a volume of 7.9 million, or 4.1 times its average daily volume. Shares are off 6.2% to $57.09. Shares are down over the last two months as the price has dropped $3.83 (-6.3%) from a price of $60.92 on February 22, 2012. The stock is trading 3.1% above its 200-day moving average.

  • Trading at a volume of 8.4 million, or 2.2 times its average daily volume, Altera Corporation (ALTR) is down on high volume today. Shares have dropped 6.6% to $35.96. The stock has lost momentum over the last three months, losing $4.16 (-10.4%) from $40.12 on January 24, 2012. The stock has moved down across its 50-day moving average of $38.48 today.

  • The Progressive Corporation (PGR) is down on high volume today, trading with volume of 12.3 million, or 2.2 times its average daily volume. A decrease of 3.1% has brought the stock price to $21.68. Share price increased over the last three months, now up $1.35 (6.6%) from $20.33 on January 24, 2012. The stock is trading 5.6% above its 200-day moving average.

  • Skyworks Solutions (SWKS) is trading down on a volume of 8.6 million, or 2.2 times its standard daily volume. The stock price had dipped 4.9% to $24.63. Shares have been on on the rise over the past three months, climbing $3.86 (13.5%) from a price of $28.49 on March 21, 2012. The stock is trading 9.3% above its 200-day moving average.

  • Today, Expeditors International of Washington (EXPD) is down on high volume, trading at a volume of four million, or 2.9 times its average daily volume. At $42.72, shares are down 6.6%. The stock has been going in a negative direction over the last month, dropping $4.26 (-9.1%) from a price of $46.98 on March 21, 2012. The stock has moved down across its 50-day moving average of $45.63 today.

  • Trading at a volume of 4.1 million, or 2.7 times its average daily volume, Avago Technologies (AVGO) is down on high volume today. Shares have dropped 2.1% to $34.97. The stock has been losing steam over the last month, dropping $3.39 (-8.8%) from a price of $38.36 on March 21, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 2.2% above the mark.

  • Royal Caribbean Cruises (RCL) is trading down on a volume of 4.5 million, or 1.8 times its standard daily volume. A decrease of 4.5% has brought the stock price to $27.57. The share price has dropped $2.40 (-8%) from $29.97 on March 21, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 0.1% above the mark.

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http://www.foxbusiness.com/markets/2012/04/20/sandisk-corporation-chipotle-mexican-grill-among-stocks-down-on-above-average/