Apple, Verizon Communications Among Stocks Down on Above-average Volume Tuesday
There are a few stocks down on high volume today:
- Apple (NASDAQ:AAPL) saw its price drop on above-normal volume today, as 28.8 million shares have changed hands or 2.6 times its average daily volume. Shares were off 1.4% to $656.06. Share price is up $52.23 (8.7%) from $603.83 on July 23, 2012. The stock is trading 7.3% above its 50-day moving average and 13.3% above its 200-day moving average.
- Verizon Communications (NYSE:VZ) was down on high volume, trading with volume of 19.7 million, or 2.3 its average daily volume. The stock price dropped 1.9% to $42.89. The stock has risen $1.50 (3.6%) over the last three months from a price of $41.39 on May 24, 2012. The stock is trading 3.1% above its 200-day moving average.
- Altria Group (NYSE:MO) traded on a volume of 12.5 million, or 1.5 its average daily volume, but its price was down. The stock price declined 2.2%, closing at $34.42. Share price is up, having risen $1.07 (3%) from $35.49 on July 23, 2012. The stock is trading 5.2% above its 200-day moving average.
- Trading at a volume of 26 million, or 1.8 its average daily volume, Dell (NASDAQ:DELL) was down on high volume today. With a closing price of $12.34, shares were off 1.8%. Shares have been on on the rise over the past month, climbing 54 cents (4.6%) from a price of $11.80 on July 23, 2012. The stock has moved down across its 50-day moving average of $12.11 today.
- Companhia de Bebidas das Americas (NYSE:ABV) saw its price drop on above-normal volume today, as 2.3 million shares have changed hands or 1.6 times its average daily volume. With a closing price of $36.88, shares were down 2.7%. Shares are down, having dropped $1.03 (-2.7%) from a price of $37.91 on August 14, 2012. The stock is trading at 97.3% of its 50-day moving average and 95.5% of its 200-day moving average.
- Trading at a volume of 6.1 million, or 2.5 its average daily volume, Gold Fields (NYSE:GFI) was down on high volume today. Closing at $13.52, shares slipped 1.2%. Share price is up $1.47 (12.2%) from $12.05 on July 23, 2012. The stock has moved down across its 50-day moving average of $13.01 today.
- Northeast Utilities (NYSE:NU) was down on high volume, trading with volume of two million, or 1.7 its average daily volume. Shares dropped 1.2% to $38.21. Shares have been on on the rise over the past three months, climbing $1.57 (3.9%) from a price of $39.78 on July 23, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 2.3% above the mark.
- Telefonica Brasil (NYSE:VIV) traded on a volume of 3.3 million, or 2.6 its average daily volume, but its price was down. The stock price declined 3.9%, closing at $23.34. The stock has seen some negative movement recently as shares are down $1.14 (-4.7%) from a price of $24.48 on August 14, 2012. The stock has moved down across its 50-day moving average of $24.07 today.
- Magellan Midstream Partners L.P (NYSE:MMP) was down on high volume after trading at a volume of 316,247, or 1.6 its average daily volume. The stock price dropped 1.2% to $81.85. Over the last three months, the stock has gained $13.43 (19.6%) from a price of $68.42 on May 24, 2012. The stock is trading 6.5% above its 50-day moving average and 12.1% above its 200-day moving average.