Intel, Hewlett-Packard Among Stocks Down on Above-average Volume Wednesday

These are stocks that are down on high volume today:

  • Trading at a volume of 61.7 million, or 1.6 its average daily volume, Intel (NASDAQ:INTC) was down on high volume today. At $25.44, the stock price has fallen 2.3%. Shares are down over the last two months as the price has dropped $2.75 (-9.8%) from a price of $28.19 on March 26, 2012. The stock is trading at 92.3% of its 50-day moving average and 96.9% of its 200-day moving average.
  • Hewlett-Packard (NYSE:HPQ) was down on high volume, trading with volume of 45.7 million, or 2.7 its average daily volume. The stock price dropped 3.2% to $21.08. The stock is down over the last three months, having fallen $5.17 (-19.7%) from $26.25 on February 27, 2012. The stock is trading at 89.3% of its 50-day moving average and 82.9% of its 200-day moving average.
  • Trading with volume of 16.6 million, or 2.2 its average daily volume, NetApp (NASDAQ:NTAP) saw its price drop on above-normal volume. Shares dropped 1.3% to $32.86. The stock is down over the last two months, having fallen $13.47 (-29.1%) from a price of $46.33 on March 26, 2012. The stock is trading at 85.3% of its 50-day moving average and 83.5% of its 200-day moving average.
  • Trading at a volume of 28.8 million, or 2.3 its average daily volume, Corning (NYSE:GLW) was down on high volume today. With a closing price of $12.77, shares were off 2.6%. The stock has been sliding in the last two months, down $1.64 (-11.4%) from a price of $14.41 on March 26, 2012. The stock is trading at 94.1% of its 50-day moving average and 93.6% of its 200-day moving average.
  • Kinder Morgan (NYSE:KMI) saw its price drop on above-normal volume today, as 9.5 million shares have changed hands or 2.5 times its average daily volume. Shares were off 1.9% to $33.16. The stock has been on a downward trajectory over the last two months, slipping $5.21 (-13.6%) from a price of $38.37 on March 26, 2012. The stock has moved down across its 200-day moving average of $33.47 today.
  • Pioneer Natural Res (NYSE:PXD) experienced a price drop on above-average volume today, with 3.1 million shares, or 1.5 its average daily volume, changing hands. Shares fell 1.4% to $99.30. The stock has fallen over the last three months, dropping $14.60 (-12.8%) from $113.90 on February 27, 2012. The stock has moved down across its 200-day moving average of $100.13 today.
  • Trading at a volume of 3.2 million, or 1.9 its average daily volume, Alexion Pharmaceuticals (NASDAQ:ALXN) was down on high volume today. The stock price declined 2.1%, closing at $90.57. Share price is up, having risen $1.67 (1.9%) from $88.90 on April 24, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 1.7% above the mark.
  • Anheuser-Busch InBev (NYSE:BUD) saw its price drop on above-normal volume today, as 3.6 million shares have changed hands or 1.9 times its average daily volume. Shares were down 1.5%, closing at $67.59. Shares are down over the last two months as the price has dropped $5.89 (-8%) from a price of $73.48 on March 26, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 2.9% above the mark.
  • Red Hat (NYSE:RHT) traded on a volume of 3.6 million, or 1.8 its average daily volume, but its price was down. With a closing price of $54.43, shares were off 3.4%. Shares have been on on the rise over the past three months, climbing $2.68 (4.7%) from a price of $57.11 on April 24, 2012. The stock is trading 5.8% above its 200-day moving average.