ExxonMobil, Caterpillar Among Stocks Down on Above-average Volume Thursday
There are a few stocks down on high volume today:
- ExxonMobil (NYSE:XOM) traded on a volume of 32.8 million, or two its average daily volume, but its price was down. The stock price dropped 1.5% to $78.63. Shares are down over the last two months as the price has dropped $8.44 (-9.7%) from a price of $87.07 on April 2, 2012. The stock is trading at 94% of its 50-day moving average and 94.2% of its 200-day moving average.
- Caterpillar (NYSE:CAT) was down on high volume, trading with volume of 12.2 million, or 1.7 its average daily volume. Closing at $87.62, shares dropped 2.8%. The stock is down over the last three months, having fallen $22.47 (-20.4%) from $110.09 on March 5, 2012. The stock is trading at 89.6% of its 50-day moving average and 86.7% of its 200-day moving average.
- Schlumberger (NYSE:SLB) was down on high volume after trading at a volume of 14.7 million, or 1.8 its average daily volume. Shares were down 1.4%, closing at $63.25. The stock has fallen over the last three months, dropping $12.44 (-16.4%) from $75.69 on March 5, 2012. The stock is trading at 91.9% of its 50-day moving average and 88.3% of its 200-day moving average.
- Trading at a volume of 19.8 million, or 1.9 its average daily volume, Las Vegas Sands (NYSE:LVS) was down on high volume today. With a closing price of $46.18, shares dropped 2.9%. The stock has been falling in the last two months, down $11.84 (-20.4%) from a price of $58.02 on April 2, 2012. The stock is trading at 87.5% of its 50-day moving average and 90.3% of its 200-day moving average.
- After trading at a volume of 22.7 million, or 1.9 its average daily volume, (NYSE:MET) saw its price drop. At $29.21, the stock price has fallen 1.4%. Over the last three months, the stock has lost $9.46 (-24.5%) from a price of $38.67 on March 5, 2012. The stock is trading at 86.7% of its 50-day moving average and 84.2% of its 200-day moving average.
- Directv (NASDAQ:DTV) was trading down on above-average volume with 10 million shares moving, or 2.1 its average daily volume. The stock price dropped 2.8% to $44.45. The stock has been on a downward trajectory over the last two months, dropping $5.49 (-11%) from a price of $49.94 on April 2, 2012. The stock is trading at 93.4% of its 50-day moving average and 95.8% of its 200-day moving average.
- Whole Foods Market (NASDAQ:WFM) saw its price drop on above-normal volume today, as 4.1 million shares have changed hands or 2.4 times its average daily volume. With a closing price of $88.61, shares were off 1%. Share price climbed over the last three months, now up $5.99 (7.3%) from $82.62 on March 5, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 3% above the mark.
- After trading at a volume of 3.6 million, or 1.6 its average daily volume, (NYSE:EOG) saw its price drop. Shares dropped 1.7% to $99.30. The stock is down over the last two months, having fallen $14.05 (-12.4%) from a price of $113.35 on April 2, 2012. The stock is trading at 95.5% of its 50-day moving average and 95% of its 200-day moving average.
- Taiwan Semiconductor Mfg. (NYSE:TSM) experienced a price drop on above-average volume today, with 23.1 million shares, or 1.9 its average daily volume, changing hands. The stock price declined 1.4%, closing at $13.73. The stock has been losing steam over the last month, declining $1.80 (-11.6%) from a price of $15.53 on May 1, 2012. The stock is trading at 92.1% of its 50-day moving average and 96.9% of its 200-day moving average.