Qualcomm, Deere & Among Stocks Down on High Volume Wednesday

Published May 16, 2012

| FOXBusiness

Here are stocks that are down on high volume today:

  • Qualcomm (QCOM) was down on high volume after trading at a volume of 21 million, or two its average daily volume. Shares dropped 3.8% to $59.11. The stock has been going in a negative direction over the last month, dropping $8.12 (-12.1%) from a price of $67.23 on April 17, 2012. The stock has moved down across its 200-day moving average of $60.21 today.

  • Trading with volume of 8.3 million, or 2.4 its average daily volume, Deere & (DE) saw its price drop on above-normal volume. With a closing price of $74.18, shares dropped 3.2%. The stock has fallen over the last three months, dropping $9.69 (-11.6%) from $83.87 on February 17, 2012. The stock is trading at 92.1% of its 50-day moving average and 92.5% of its 200-day moving average.

  • MetLife (MET) saw its price drop on above-normal volume today, as 14.2 million shares have changed hands or 1.7 times its average daily volume. Shares were down 4.8% to $31.63. Over the last three months, the stock has lost $7.23 (-18.6%) from a price of $38.86 on February 17, 2012. The stock is trading at 88.6% of its 50-day moving average and 90.4% of its 200-day moving average.

  • Polo Ralph Lauren (RL) was down on high volume, trading with volume of 2.3 million, or 2.4 its average daily volume. Closing at $149.96, shares dropped 1%. Shares are down over the last two months as the price has dropped $26.64 (-15.1%) from a price of $176.60 on March 19, 2012. The stock is trading at 88.5% of its 50-day moving average and 93.4% of its 200-day moving average.

  • Progressive (PGR) experienced a price drop on above-average volume today, with 14.8 million shares, or 2.7 its average daily volume, changing hands. The stock price dropped 2.3% to $21.35. The stock is down over the last two months, having fallen $1.47 (-6.4%) from a price of $22.82 on March 19, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 2.6% above the mark.

  • Simon Property Group (SPG) was down on high volume after trading at a volume of 1.9 million, or 1.5 its average daily volume. Shares fell 1.9% to $150.34. Share price is up, having risen 82 cents (0.5%) from $149.52 on April 17, 2012. The stock is trading 9.2% above its 200-day moving average.

  • Vodafone (VOD) was down on high volume, trading with volume of 10.4 million, or 1.5 its average daily volume. With a closing price of $26.78, shares were off 2%. The stock has lost momentum over the last three months, losing $1.01 (-3.6%) from $27.79 on February 17, 2012. The stock is trading at 96.9% of its 50-day moving average and 97.8% of its 200-day moving average.

  • After trading at a volume of 17.1 million, or 1.5 its average daily volume, (BBD) saw its price drop. Closing at $14.03, shares were down 2.1%. The stock has been sinking in the last two months, down $4.13 (-22.7%) from a price of $18.16 on March 19, 2012. The stock is trading at 86.5% of its 50-day moving average and 82% of its 200-day moving average.

  • Trading at a volume of 4.4 million, or 1.8 its average daily volume, Tyco International (TYC) was down on high volume today. Shares were down 2.3% to $53.60. The stock has risen $3.65 (7.3%) over the last three months from a price of $49.95 on February 17, 2012. The stock is trading 5.8% above its 200-day moving average.

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http://www.foxbusiness.com/markets/2012/05/16/qualcomm-deere-amp-among-stocks-down-on-high-volume-wednesday/