EMC, Yahoo Among Stocks Down on High Volume Tuesday
Here are stocks that are down on high volume today:
- EMC (NYSE:EMC) was down on high volume after trading at a volume of 24 million, or 2.2 its average daily volume. Closing at $25.71, shares slipped 3.9%. Shares have been on on the rise over the past month, climbing $2.42 (10.4%) from a price of $23.29 on July 16, 2012. The stock has moved down across its 200-day moving average of $25.93 today.
- Yahoo (NASDAQ:YHOO) was down on high volume, trading with volume of 29.5 million, or 1.7 its average daily volume. Shares were down 1.9%, closing at $14.73. The stock has seen some negative movement recently as shares are down $1.49 (-9.2%) from a price of $16.22 on August 7, 2012. The stock is trading at 93.6% of its 50-day moving average and 95.2% of its 200-day moving average.
- After trading at a volume of 22.7 million, or 1.6 its average daily volume, (NYSE:VALE) saw its price drop. With a closing price of $18.31, shares were off 4%. The share price has been sinking in the last month, down $1.11 (-5.7%) from $19.42 on July 16, 2012. The stock has moved down across its 50-day moving average of $18.88 today.
- Yum Brands (NYSE:YUM) experienced a price drop on above-average volume today, with 5.3 million shares, or 1.6 its average daily volume, changing hands. Shares dropped 1.1% to $66.25. Share price is up $2.21 (3.5%) from $64.04 on July 16, 2012. The stock has moved down across its 200-day moving average of $66.47 today.
- Limited Brands (NYSE:LTD) saw its price drop on above-normal volume today, as 6.2 million shares have changed hands or 2.1 times its average daily volume. Shares fell 1.1% to $48.91. The stock has been on the rise in the last two months, up $6.26 (14.7%) from a price of $42.65 on June 15, 2012. The stock is trading 5.5% above its 50-day moving average and 6.5% above its 200-day moving average.
- CenterPoint Energy (NYSE:CNP) was down on high volume, trading with volume of 10.9 million, or 3.4 its average daily volume. Closing at $20.55, shares slipped 1.1%. Share price is up 15 cents (0.7%) from $20.70 on July 16, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 2.7% above the mark.
- After trading at a volume of 5.7 million, or 1.7 its average daily volume, (NASDAQ:TRIP) saw its price drop. With a closing price of $33.16, shares were off 1.1%.
- Trading at a volume of 3.5 million, or 1.9 its average daily volume, Check Point Software Technologies (NASDAQ:CHKP) was down on high volume today. With a closing price of $47.94, shares were down 5.5%. Over the last three months, the stock has lost $5.64 (-10.5%) from a price of $53.58 on May 17, 2012. The stock has moved down across its 50-day moving average of $48.79 today.
- InterOil Corporation (NYSE:IOC) saw its price drop on above-normal volume today, as 1.1 million shares have changed hands or 2.4 times its average daily volume. Closing at $83.39, shares dropped 4.2%. The stock is trading 5.5% above its 50-day moving average and 21.3% above its 200-day moving average.