Chesapeake Energy Corporation, Illumina Among Stocks Down on High Volume Wednesday
These are stocks that are down on high volume today:
- Chesapeake Energy Corporation (NYSE:CHK) is trading down on a volume of 55.5 million, or three times its normal daily volume. Shares are off 9.9% to $17.22. The share price has dropped $8.24 (-32.4%) from $25.46 on March 19, 2012. The stock is trading at 74.8% of its 50-day moving average and 70.5% of its 200-day moving average.
- Illumina (NASDAQ:ILMN) is trading down on above-normal volume today, seeing a price drop on a volume of 18.3 million, or four times its average daily volume. The stock price has slipped 2.4% to $42.94. The stock has been decreasing recently, and shares are down $9.63 (-18.3%) from a price of $52.57 on April 11, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 0.3% above the mark.
- Cree (NASDAQ:CREE) is trading down on a volume of 6.8 million, or two times its normal daily volume. Shares have fallen 5.9% to $30.02. The stock has risen $2.83 (10.4%) over the last three months from a price of $27.19 on January 20, 2012. The stock is trading 7.2% above its 200-day moving average.
- Mead Johnson Nutrition CO (NYSE:MJN) is down on high volume today, trading with volume of 2.1 million, or 2.1 times its average daily volume. Shares have dropped 2.9% to $81.18. Share price is up, having risen 54 cents (0.7%) from $80.64 on March 19, 2012. The stock is trading 7% above its 200-day moving average.
- SK Telecom (NYSE:SKM) is trading down on a volume of 4.2 million, or two times its average daily volume. Trading at $13.39, the stock is down 1.6%. The stock has been decreasing in the last two months, down 51 cents (-3.7%) from a price of $13.90 on February 17, 2012. The stock is trading at 96.6% of its 50-day moving average and 94.5% of its 200-day moving average.
- EV Energy Partners L.P (NASDAQ:EVEP) is trading down on a volume of 847,379, or 2.4 times its standard daily volume. The stock price has dropped 4.2% to $60.24. The share price has been dropping in the last month, down $11.24 (-15.7%) from $71.49 on March 19, 2012. The stock is trading at 87.7% of its 50-day moving average and 87.7% of its 200-day moving average.
- Clearwire Corporation (NASDAQ:CLWR) is trading down on above-average volume today, seeing a price drop on a volume of 22.2 million, or 2.4 times its average daily volume. A decrease of 13.8% has brought the stock price to $1.63. Over the last month, the share price has dropped 71 cents (-30.2%) from $2.33 on March 19, 2012. The stock is trading at 74.2% of its 50-day moving average and 78.5% of its 200-day moving average.
- Today, Chesapeake Granite Wash Trust Common Units representing beneficial interests in the (NYSE:CHKR) is down on high volume, trading at a volume of 1.1 million, or 4.9 times its average daily volume. Shares have fallen 7.5% to $23.10.
- Cymer (NASDAQ:CYMI) is trading down on above-normal volume today, seeing a price drop on a volume of 286,337, or 1.7 times its average daily volume. The stock price is $47.10, reflecting a 1.8% decrease. The stock is down over the last three months, having fallen $4.49 (-8.7%) from $51.59 on January 20, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 0.6% above the mark.