Google, Cummins Among Stocks Down on Above-average Volume Wednesday

Published July 11, 2012

| FOXBusiness

Here are stocks that are down on high volume today:

  • Google (GOOG) traded on a volume of 3.5 million, or 1.9 its average daily volume, but its price was down. Closing at $571.19, shares were down 1.8%. The stock has fallen over the last three months, dropping $53.41 (-8.6%) from $624.60 on April 13, 2012. The stock has moved down across its 50-day moving average of $580.95 today.

  • Cummins (CMI) was down on high volume after trading at a volume of 8.7 million, or 2.5 its average daily volume. At $83.53, the stock price has fallen 3.9%. The stock has lost momentum over the last three months, losing $30.49 (-26.7%) from $114.02 on April 13, 2012. The stock is trading at 87.3% of its 50-day moving average and 79.3% of its 200-day moving average.

  • Lowe's Cos (LOW) experienced a price drop on above-average volume today, with 18.6 million shares, or 1.6 its average daily volume, changing hands. With a closing price of $26.67, shares dropped 1.8%. Over the last three months, the stock has lost $5.02 (-15.8%) from a price of $31.69 on April 13, 2012. The stock is trading at 96.4% of its 50-day moving average and 94.9% of its 200-day moving average.

  • Gilead (GILD) was down on high volume, trading with volume of 9.1 million, or 2.5 its average daily volume. Shares were off 1.8% to $50.67. Over the last three months, the stock has gained $5.16 (11.3%) from a price of $45.51 on April 13, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 0.3% above the mark.

  • Trading at a volume of 12.9 million, or 1.8 its average daily volume, Barrick Gold Corporation (ABX) was down on high volume today. Closing at $34.95, shares slipped 1.9%. The stock is down over the last three months, having fallen $6.66 (-16%) from $41.61 on April 13, 2012. The stock is trading at 91.2% of its 50-day moving average and 82.2% of its 200-day moving average.

  • Trading with volume of 6.1 million, or 1.7 its average daily volume, Boeing (BA) saw its price drop on above-normal volume. The stock price dropped 2.3% to $71.52. Shares are down $2.75 (-3.7%) from a price of $74.27 on July 3, 2012. The stock has moved down across its 50-day moving average of $71.90 today.

  • EI du Pont de Nemours (DD) was trading down on above-average volume with 8.5 million shares moving, or 1.5 its average daily volume. Closing at $47.14, shares dropped 1.1%. The stock has fallen over the last three months, dropping $4.88 (-9.4%) from $52.02 on April 13, 2012. The stock is trading at 95.6% of its 50-day moving average and 94.1% of its 200-day moving average.

  • Trading with volume of 5.4 million, or 2.6 its average daily volume, Estee Lauder Cos (EL) saw its price drop on above-normal volume. Shares were down 1.8% to $50.60. The stock has lost momentum over the last three months, losing $12.36 (-19.6%) from $62.96 on April 13, 2012. The stock is trading at 92.3% of its 50-day moving average and 82.6% of its 200-day moving average.

  • ACE (ACE) was down on high volume, trading with volume of 3.4 million, or 2.5 its average daily volume. At $70.28, the stock price has fallen 1.4%. The stock is down over the last two months, having fallen $5.99 (-7.9%) from a price of $76.27 on May 11, 2012. The stock is trading at 96.7% of its 50-day moving average and 97% of its 200-day moving average.

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