Citrix Systems, Herbalife Among Stocks Down on Above-average Volume Monday

Published July 30, 2012

| FOXBusiness

Today, these stocks are down on high volume:

  • Citrix Systems (CTXS) experienced a price drop on above-average volume today, with 5.7 million shares, or two its average daily volume, changing hands. With a closing price of $73.25, shares were off 5.9%. Over the last three months, the stock has lost $13.99 (-16%) from a price of $87.24 on May 2, 2012. The stock has moved down across its 200-day moving average of $76.00 today.

  • Herbalife (HLF) was down on high volume, trading with volume of three million, or 2.4 its average daily volume. Shares fell 3.9% to $51.69. Over the last two months, shares have shown some positive movement as the price has climbed $6.90 (15.4%) from a price of $44.79 on May 31, 2012. The stock has moved down across its 50-day moving average of $48.46 today.

  • Eastman Chemical (EMN) was down on high volume after trading at a volume of 2.6 million, or 1.7 its average daily volume. With a closing price of $51, shares dropped 1.4%. The stock has been on the rise in the last two months, up $4.44 (9.5%) from a price of $46.56 on May 31, 2012. The stock is trading 5.3% above its 50-day moving average and 4.4% above its 200-day moving average.

  • Trading with volume of 2.6 million, or 2.4 its average daily volume, Loews (L) saw its price drop on above-normal volume. At $39.54, the stock price has fallen 5.2%. The stock has lost momentum over the last three months, losing $1.73 (-4.2%) from $41.27 on May 2, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 0% above the mark.

  • Discovery Communications (DISCA) was trading down on above-average volume with two million shares moving, or 1.6 its average daily volume. Shares were down 2.1% to $50.93. The stock is down over the last three months, having fallen $3.24 (-6%) from $54.17 on May 2, 2012. The stock is trading 3.7% above its 200-day moving average.

  • Mohawk Industries (MHK) was down on high volume, trading with volume of 804,386, or 1.8 its average daily volume. Shares fell 4.2% to $68.51. Shares are down $2.77 (-3.9%) from a price of $71.28 on July 23, 2012. The stock is trading 3.7% above its 200-day moving average.

  • Arrow Electronics (ARW) was down on high volume after trading at a volume of 1.5 million, or 1.8 its average daily volume. The stock price declined 1.2%, closing at $34.44. Over the last three months, the stock has lost $4.74 (-12.1%) from a price of $39.18 on May 2, 2012. The stock has moved down across its 50-day moving average of $32.99 today.

  • Shire Plc. (SHPG) saw its price drop on above-normal volume today, as 516,273 shares have changed hands or 1.5 times its average daily volume. At $89.67, the stock price has fallen 1.5%.

  • HONDA MOTOR CO. (HMC) traded on a volume of 373,692, or 1.7 its average daily volume, but its price was down. Closing at $32.02, shares slipped 1.2%. The stock has fallen over the last three months, dropping $2.95 (-8.4%) from $34.97 on May 2, 2012. The stock has moved down across its 50-day moving average of $32.20 today.

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