Las Vegas Sands, Chesapeake Energy Corporation Among Stocks Down on High Volume Thursday

Published April 26, 2012

| FOXBusiness

These are stocks that are down on high volume today:

  • Las Vegas Sands (LVS) saw its price drop on above-normal volume today, as 22.4 million shares have changed hands or 2.2 times its average daily volume. With a closing price of $56.97, shares dropped 3.1%. The stock has risen $7.68 (15.6%) over the last three months from a price of $49.29 on January 30, 2012. The stock is trading 11.3% above its 200-day moving average.

  • Trading with volume of 49.4 million, or 1.6 its average daily volume, Chesapeake Energy Corporation (CHK) saw its price drop on above-normal volume. Shares fell 3.1% to $17.56. The stock is down over the last two months, having fallen $7.49 (-29.9%) from a price of $25.05 on February 28, 2012. The stock is trading at 80.6% of its 50-day moving average and 73.3% of its 200-day moving average.

  • United Parcel Service (UPS) experienced a price drop on above-average volume today, with 8.1 million shares, or 2.2 its average daily volume, changing hands. Shares dropped 1.8% to $78.25. Over the last three months, the stock has gained $2.10 (2.8%) from a price of $76.15 on January 30, 2012. The stock is trading 4.8% above its 200-day moving average.

  • Potash Corp./Saskatchewan (POT) traded on a volume of 9.8 million, or 1.7 its average daily volume, but its price was down. Closing at $42.87, shares dropped 3.2%. The stock is down over the last three months, having fallen $4.38 (-9.3%) from $47.25 on January 30, 2012. The stock is trading at 96.4% of its 50-day moving average and 94.3% of its 200-day moving average.

  • Time Warner Cable (TWC) was trading down on above-average volume with 3.7 million shares moving, or 2.5 its average daily volume. Closing at $81.14, shares were down 1.2%. Shares have been on on the rise over the past three months, climbing 17 cents (0.2%) from a price of $81.31 on March 27, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 0.8% above the mark.

  • WellPoint (WLP) saw its price drop on above-normal volume today, as 4.3 million shares have changed hands or 1.7 times its average daily volume. The stock price declined 1.5%, closing at $69.35. Share price is up, having risen 97 cents (1.4%) from $68.38 on March 27, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 0.4% above the mark.

  • Trading at a volume of 3.9 million, or 1.5 its average daily volume, CIGNA Corporation (CI) was down on high volume today. Shares were down 1.3% to $47.56. The stock has been on the rise in the last two months, up $3.22 (7.3%) from a price of $44.34 on February 28, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 0.5% above the mark.

  • C.H. Robinson Worldwide (CHRW) was down on high volume, trading with volume of 3.1 million, or 1.6 its average daily volume. With a closing price of $59.23, shares dropped 2.8%. The stock has fallen over the last three months, dropping $8.70 (-12.8%) from $67.93 on January 30, 2012. The stock is trading at 90.8% of its 50-day moving average and 88.6% of its 200-day moving average.

  • Trading with volume of 2.8 million, or 1.5 its average daily volume, Equity Residential (EQR) saw its price drop on above-normal volume. The stock price dropped 1.7% to $61.65. Over the last two months, shares have shown some positive movement as the price has climbed $4.62 (8.1%) from a price of $57.03 on February 28, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 1.5% above the mark.

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http://www.foxbusiness.com/markets/2012/04/26/las-vegas-sands-chesapeake-energy-corporation-among-stocks-down-on-high-volume/