Facebook Inc. - Class A, Anadarko Petroleum Among Stocks Down on Above-average Volume Tuesday
Today, a few stocks are down on high volume:
- Facebook Inc. - Class A (NASDAQ:FB) was trading down on above-average volume with 55.5 million shares moving, or 1.7 its average daily volume. Shares were down 6.2%, closing at $21.71.
- Anadarko Petroleum (NYSE:APC) was down on high volume, trading with volume of 8.9 million, or 1.6 its average daily volume. With a closing price of $69.44, shares were down 3.2%. Over the last two months, shares have shown some positive movement as the price has climbed $11.31 (19.5%) from a price of $58.13 on June 1, 2012. The stock has moved down across its 50-day moving average of $67.03 today.
- Lowe's Cos (NYSE:LOW) experienced a price drop on above-average volume today, with 22.7 million shares, or 1.8 its average daily volume, changing hands. Shares were off 5.5% to $25.37. The stock has fallen over the last three months, dropping $6.29 (-19.9%) from $31.66 on May 3, 2012. The stock is trading at 94.3% of its 50-day moving average and 90.5% of its 200-day moving average.
- After trading at a volume of 6.7 million, or 2.4 its average daily volume, (NYSE:AGN) saw its price drop. Closing at $82.07, shares were down 3.8%. The stock has lost momentum over the last three months, losing $11.46 (-12.3%) from $93.53 on May 3, 2012. The stock is trading at 91.8% of its 50-day moving average and 90.8% of its 200-day moving average.
- BP (NYSE:BP) traded on a volume of 12.8 million, or 2.2 its average daily volume, but its price was down. The stock price dropped 4.6% to $39.90. Shares are up over the last two months, having risen $3.14 (8.5%) from a price of $36.76 on June 1, 2012. The stock has moved down across its 50-day moving average of $39.99 today.
- Petroleo Brasileiro (NYSE:PBR) experienced a price drop on above-average volume today, with 22.3 million shares, or 1.7 its average daily volume, changing hands. With a closing price of $19.63, shares dropped 4.1%. Over the last three months, the stock has lost $3.67 (-15.8%) from a price of $23.30 on May 3, 2012. The stock has moved down across its 50-day moving average of $19.29 today.
- After trading at a volume of 7.2 million, or 1.8 its average daily volume, (NYSE:TGT) saw its price drop. Shares were down 2.2%, closing at $60.65. Over the last three months, the stock has gained $4.10 (7.3%) from a price of $56.55 on May 3, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 2% above the mark.
- Petroleo Brasileiro (NYSE:PBR.A) was down on high volume, trading with volume of 17.4 million, or 2.7 its average daily volume. Shares fell 4.4% to $19.03. The stock has fallen over the last three months, dropping $3.36 (-15%) from $22.39 on May 3, 2012. The stock has moved down across its 50-day moving average of $18.70 today.
- Archer Daniels (NYSE:ADM) was trading down on above-average volume with 11.7 million shares moving, or 2.6 its average daily volume. With a closing price of $26.09, shares were off 5.1%. The stock has lost momentum over the last three months, losing $6.47 (-19.9%) from $32.56 on May 3, 2012. The stock is trading at 91.4% of its 50-day moving average and 86.2% of its 200-day moving average.