Halliburton, Kinder Morgan Among Stocks Down on High Volume Wednesday
Today, a few stocks are down on high volume:
- After trading at a volume of 48 million, or 3.3 its average daily volume, (NYSE:HAL) saw its price drop. Shares were down 3.5% to $28.10. Over the last three months, the stock has lost $6.78 (-19.4%) from a price of $34.88 on March 9, 2012. The stock is trading at 88.5% of its 50-day moving average and 82.6% of its 200-day moving average.
- Kinder Morgan (NYSE:KMI) was down on high volume, trading with volume of 41.3 million, or 2.6 its average daily volume. At $31.90, the stock price has fallen 3.4%. Shares are down over the last two months as the price has dropped $7.48 (-19%) from a price of $39.38 on April 9, 2012. The stock is trading at 92.4% of its 50-day moving average and 94.9% of its 200-day moving average.
- Barrick Gold Corporation (NYSE:ABX) saw its price drop on above-normal volume today, as 18.6 million shares have changed hands or 1.8 times its average daily volume. Closing at $40.45, shares were down 3.8%. The stock has fallen over the last three months, dropping $5.36 (-11.7%) from $45.81 on March 9, 2012. The stock has moved down across its 50-day moving average of $39.23 today.
- Baker Hughes (NYSE:BHI) traded on a volume of 13 million, or two its average daily volume, but its price was down. With a closing price of $40.65, shares dropped 1%. The stock has lost momentum over the last three months, losing $8.14 (-16.7%) from $48.79 on March 9, 2012. The stock is trading at 97.4% of its 50-day moving average and 87.3% of its 200-day moving average.
- After trading at a volume of 7.1 million, or 2.9 its average daily volume, (NYSE:RAX) saw its price drop. Shares were off 4.5% to $44.90. Over the last month, the share price has dropped $12.90 (-22.3%) from $57.80 on May 7, 2012. The stock is trading at 84.7% of its 50-day moving average and 89.9% of its 200-day moving average.
- Weight Watchers International (NYSE:WTW) was down on high volume after trading at a volume of one million, or 1.6 its average daily volume. Shares fell 2.6% to $56.13. The stock is down over the last three months, having fallen $23.91 (-29.9%) from $80.04 on March 9, 2012. The stock is trading at 90.1% of its 50-day moving average and 81.7% of its 200-day moving average.
- NovaGold Resources (AMEX:NG) was down on high volume, trading with volume of 5.8 million, or 1.6 its average daily volume. The stock price dropped 2.6% to $6.34. The stock has fallen over the last three months, dropping $1.68 (-20.9%) from $8.02 on March 9, 2012. The stock has moved down across its 50-day moving average of $6.02 today.
- ViaSat (NASDAQ:VSAT) traded on a volume of 418,107, or 1.9 its average daily volume, but its price was down. With a closing price of $40.40, shares were off 1.6%. The stock is down over the last two months, having fallen $7.89 (-16.3%) from a price of $48.29 on April 9, 2012. The stock is trading at 90.7% of its 50-day moving average and 89.1% of its 200-day moving average.
- After trading at a volume of 700,838, or 2.4 its average daily volume, (NASDAQ:RP) saw its price drop. Shares were down 5% to $17.26. Over the last three months, the stock has lost $4.30 (-19.9%) from a price of $21.56 on March 9, 2012. The stock is trading at 94.4% of its 50-day moving average and 80.7% of its 200-day moving average.