Marvell Technology Group, Ares Capital Corporation Among Stocks Down on High Volume Friday

Published August 17, 2012

| FOXBusiness

These stocks are down on high volume today:

  • Trading at a volume of 30.7 million, or 3.1 times its average daily volume, Marvell Technology Group (MRVL) is down on high volume today. Trading at $10.43, the stock is down 15.1%. The stock has lost momentum over the last three months, losing $2.56 (-19.7%) from $12.99 on May 22, 2012. The stock has moved down across its 50-day moving average of $11.32 today.

  • Ares Capital Corporation (ARCC) is trading down on a volume of 17.8 million, or 13.7 times its standard daily volume. Shares are off 3.3% to $16.85. Share price is up, having risen 28 cents (1.7%) from $16.57 on July 19, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 1.7% above the mark.

  • Molycorp (MCP) is trading down on a volume of 22.8 million, or 3.4 times its normal daily volume. The stock price is $9.95, reflecting a 10.8% decrease. The stock is trading at 60.2% of its 50-day moving average and 42.8% of its 200-day moving average.

  • PennyMac Mortgage Investment (PMT) is trading down on a volume of 6.7 million, or 11.8 times its average daily volume. The stock is down 3.9% to $20.96. Share price is up 2 cents (0.1%) from $20.94 on July 19, 2012. The stock is trading 7.6% above its 200-day moving average.

  • General Growth Properties (GGP) is trading down on a volume of 5.6 million, or 1.5 times its standard daily volume. The stock price has dropped 1.2% to $18.51.

  • Hibbett Sports (HIBB) is seeing its price fall on above-normal volume today, as 1.4 million shares have moved, or 5.7 times its average daily volume. Shares are off 5.7% to $58.27. Over the last month, the share price has dropped $2.81 (-4.6%) from $61.08 on July 19, 2012. The stock is trading 4% above its 200-day moving average.

  • Aeropostale (ARO) is trading down on above-average volume today, seeing a price drop on a volume of 6.6 million, or 1.7 times its average daily volume. Shares are off 10.1% to $12.28. The stock is trading at 73.2% of its 50-day moving average and 67.2% of its 200-day moving average.

  • Ion Geophysical (IO) is trading down on a volume of 2.4 million, or 2.1 times its standard daily volume. Trading at $6.88, the stock is down 11.5%. Share price went up over the last three months, now up 80 cents (13.2%) from $6.08 on May 22, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 0.2% above the mark.

  • America's Car-Mart (CRMT) is trading down on a volume of 199,485, or 5.5 times its average daily volume. The stock price has slipped 9.7% to $43.88. Shares have shown some positive movement over the last two months as the price has climbed $5.10 (13.2%) from a price of $38.78 on June 20, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 2.5% above the mark.

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