Abercrombie & Fitch, Staples Among Stocks Down on High Volume Wednesday

FOXBusiness

There are a few stocks down on high volume today:

  • Abercrombie & Fitch (NYSE:ANF) is trading down on a volume of 8.2 million, or 2.8 times its normal daily volume. Trading at $39.19, the stock is down 13.7%. The stock is down over the last two months, having fallen $12.94 (-24.8%) from a price of $52.13 on March 19, 2012. The stock is trading at 79.7% of its 50-day moving average and 77.3% of its 200-day moving average.

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  • Staples (NASDAQ:SPLS) is trading down on a volume of 20.5 million, or two times its average daily volume. Shares have dropped 5.7% to $13.90. Shares are down over the last two months as the price has dropped $2.56 (-15.5%) from a price of $16.46 on March 19, 2012. The stock is trading at 89.6% of its 50-day moving average and 91.8% of its 200-day moving average.
  • Banco Santander (NYSE:STD) is trading down on above-average volume today, seeing a price drop on a volume of 33.9 million, or 3.2 times its average daily volume. Shares have fallen 1.2% to $5.74. The stock has been declining in the last two months, down $2.78 (-32.6%) from a price of $8.52 on March 19, 2012. The stock is trading at 86.7% of its 50-day moving average and 76.2% of its 200-day moving average.
  • Today, Petroleum Development Corporation (NASDAQ:PETD) is down on high volume, trading at a volume of 4.1 million, or 7.6 times its average daily volume. Shares are down 3% to $26.42. The stock has been on a downward trajectory over the last two months, falling $13.84 (-34.4%) from a price of $40.26 on March 19, 2012. The stock is trading at 79.5% of its 50-day moving average and 80.6% of its 200-day moving average.
  • Newcastle Investment (NYSE:NCT) is trading down on a volume of 14 million, or 7.8 times its normal daily volume. The stock price has sunk 3.9% to $6.75. Share price is up 29 cents (4.6%) from $6.45 on April 17, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 0.2% above the mark.
  • Trading at a volume of 1.2 million, or 14.5 times its average daily volume, Medallion Financial (NASDAQ:TAXI) is down on high volume today. The stock price has dropped 8.8% to $10.40.
  • Trading at a volume of 670,288, or 2.2 times its average daily volume, Venoco (NYSE:VQ) is down on high volume today. The stock price is $9.64, reflecting a 9.9% decrease. The stock is down over the last two months, having fallen $1.59 (-14.2%) from a price of $11.23 on March 19, 2012. The stock has moved down across its 200-day moving average of $10.05 today.
  • National Bank of Greece (NYSE:NBG) is seeing its price fall on above-normal volume today, as 2.1 million shares have moved, or 1.9 times its average daily volume. Trading at $1.51, the stock is down 12.2%. The stock is trading at 65.1% of its 50-day moving average and 55.4% of its 200-day moving average.
  • Artio Global Investors (NYSE:ART) is trading down on above-average volume today, seeing a price drop on a volume of 938,624, or 2.3 times its average daily volume. Shares are down 2.7% to $2.95. The stock is trading at 74.6% of its 50-day moving average and 58.9% of its 200-day moving average.

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