Published June 14, 2012 4:35pm EDT | Updated January 14, 2015 3:42am EST

Qualcomm, NIKE Among Stocks Down on High Volume Thursday

Here are stocks that are down on high volume today:

Qualcomm (NASDAQ:QCOM) traded on a volume of 27.1 million, or 2.2 its average daily volume, but its price was down. With a closing price of $56.79, shares dropped 3.6%. The stock is down over the last two months, having fallen $10.44 (-15.5%) from a price of $67.23 on April 17, 2012. The stock is trading at 95.1% of its 50-day moving average and 94.3% of its 200-day moving average.

NIKE (NYSE:NKE) saw its price drop on above-normal volume today, as six million shares have changed hands or 2.4 times its average daily volume. At $100.02, the stock price has fallen 2.2%. The stock is down over the last three months, having fallen $12.11 (-10.8%) from $112.13 on March 19, 2012. The stock is trading at 92.7% of its 50-day moving average and 95.5% of its 200-day moving average.

Petroleo Brasileiro (NYSE:PBR.A) experienced a price drop on above-average volume today, with 16.3 million shares, or 1.6 its average daily volume, changing hands. The stock price dropped 2.3% to $17.66. The stock has fallen over the last three months, dropping $9.43 (-34.8%) from $27.09 on March 19, 2012. The stock is trading at 89.4% of its 50-day moving average and 74.2% of its 200-day moving average.

Baxter International (NYSE:BAX) was down on high volume, trading with volume of 5.1 million, or 1.7 its average daily volume. Shares were off 1.5% to $49.03. The stock has lost momentum over the last three months, losing $10.52 (-17.7%) from $59.55 on March 19, 2012. The stock is trading at 93.6% of its 50-day moving average and 90% of its 200-day moving average.

Trading at a volume of 5.2 million, or 1.6 its average daily volume, Ingersoll-Rand (NYSE:IR) was down on high volume today. Shares fell 1.1% to $39.21. The stock has been going in a negative direction over the last month, dropping $3.58 (-8.4%) from a price of $42.79 on May 15, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 2.5% above the mark.

Green Mountain Coffee Roasters (NASDAQ:GMCR) saw its price drop on above-normal volume today, as 10.1 million shares have changed hands or 1.6 times its average daily volume. Closing at $20.15, shares were down 5.4%. The stock is trading at 71.6% of its 50-day moving average and 42.9% of its 200-day moving average.

Skyworks Solutions (NASDAQ:SWKS) was trading down on above-average volume with 6.7 million shares moving, or 1.5 its average daily volume. Shares dropped 3.3% to $27.42. Share price is up, having risen $1.88 (7.4%) from $25.54 on May 15, 2012. The stock is trading 4.8% above its 50-day moving average and 12.9% above its 200-day moving average.

LSI Corporation (NYSE:LSI) experienced a price drop on above-average volume today, with 17.7 million shares, or 1.9 its average daily volume, changing hands. Shares were down 4.2%, closing at $6.19. Over the last three months, the stock has lost $2.54 (-29.1%) from a price of $8.73 on March 19, 2012. The stock is trading at 86.2% of its 50-day moving average and 83.7% of its 200-day moving average.

ARM Holdings plc (NASDAQ:ARMH) saw its price drop on above-normal volume today, as 4.5 million shares have changed hands or 2.1 times its average daily volume. Shares were down 3% to $22.92. The stock has been sliding in the last two months, down $5.57 (-19.6%) from a price of $28.49 on April 17, 2012. The stock is trading at 95.7% of its 50-day moving average and 87% of its 200-day moving average.