Baidu, Best Buy Among Stocks Down on High Volume Tuesday

There are a few stocks down on high volume today:

  • Today, Baidu (NASDAQ:BIDU) is down on high volume, trading at a volume of 5.9 million, or two times its average daily volume. Trading at $125.07, the stock is down 4.5%. Shares have been on on the rise over the past month, climbing $17.97 (16.8%) from a price of $107.10 on July 23, 2012. The stock has moved down across its 50-day moving average of $121.25 today.
  • Best Buy (NYSE:BBY) is trading down on a volume of 26.4 million, or 2.9 times its normal daily volume. Shares have dropped 1.3% to $17.93. Shares are down, having dropped $1.42 (-7.3%) from a price of $19.35 on August 14, 2012. The stock is trading at 93.5% of its 50-day moving average and 84.4% of its 200-day moving average.
  • Oasis Petroleum (NYSE:OAS) is trading down on above-normal volume today, seeing a price drop on a volume of 2.2 million, or 1.7 times its average daily volume. A decrease of 2.5% has brought the stock price to $29.91. Over the last two months, shares have shown some positive movement as the price has climbed $6.66 (28.6%) from a price of $23.25 on June 22, 2012. The stock is trading 10.2% above its 50-day moving average and 5.7% above its 200-day moving average.
  • Trading at a volume of 542,016, or 7.7 times its average daily volume, BP Prudhoe Bay Royalty (NYSE:BPT) is down on high volume today. The stock price is $106.51, reflecting a 7.4% decrease. The stock has been sinking recently, and shares are down $11.94 (-10.1%) from a price of $118.45 on August 14, 2012. The stock is trading at 91% of its 50-day moving average and 90.4% of its 200-day moving average.
  • Barnes & Noble (NYSE:BKS) is trading down on above-normal volume today, seeing a price drop on a volume of 3.7 million, or 4.9 times its average daily volume. Shares have fallen 1.1% to $12.22. The stock is down over the last three months, having fallen $4.82 (-28.3%) from $17.04 on May 24, 2012. The stock is trading at 85.8% of its 50-day moving average and 83.7% of its 200-day moving average.
  • Tech Data (NASDAQ:TECD) is trading down on above-average volume today, seeing a price drop on a volume of 796,698, or 1.9 times its average daily volume. Shares have dropped 4.9% to $49.60. Share price is up $3.08 (6.6%) from $46.52 on July 23, 2012. The stock has moved down across its 50-day moving average of $48.39 today.
  • CNOOC (NYSE:CEO) is trading down on a volume of 127,995, or 1.6 times its standard daily volume. The stock price has slipped 2.8% to $195.43. Over the last three months, the stock has gained $12.28 (6.7%) from a price of $183.15 on May 24, 2012. The stock has moved down across its 50-day moving average of $199.38 today.
  • Ellie Mae (NYSE:ELLI) is down on high volume today, trading with volume of one million, or 1.6 times its average daily volume. The stock is down 4.3% to $24.05.
  • RF Micro Devices (NASDAQ:RFMD) is trading down on a volume of 5.4 million, or 1.9 times its normal daily volume. A decrease of 1.5% has brought the stock price to $3.88. The stock has been going in a negative direction over the last month, dropping 32 cents (-7.6%) from a price of $4.20 on July 23, 2012. The stock has moved down across its 50-day moving average of $3.90 today.