International Business Machines, Intel Corporation Among Stocks Down on Above-average Volume Wednesday
Here are stocks that are down on high volume today:
- International Business Machines (NYSE:IBM) was down on high volume after trading at a volume of 10.1 million, or 2.6 its average daily volume. Shares were down 3.5% to $200.13. Share price is up, having risen $5.59 (2.7%) from $205.72 on March 19, 2012. The stock is trading 4.6% above its 200-day moving average.
- Trading at a volume of 71.6 million, or 2.1 its average daily volume, Intel Corporation (NASDAQ:INTC) was down on high volume today. Shares fell 1.8% to $27.95. Over the last three months, the stock has gained $1.57 (6%) from a price of $26.38 on January 20, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 0.9% above the mark.
- Johnson & Johnson (NYSE:JNJ) experienced a price drop on above-average volume today, with 20.4 million shares, or 1.9 its average daily volume, changing hands. The stock price declined 1.5%, closing at $63.26. The stock has lost momentum over the last three months, losing $2.01 (-3.1%) from $65.27 on January 20, 2012. The stock is trading at 97.5% of its 50-day moving average and 97.9% of its 200-day moving average.
- Trading at a volume of 1.3 million, or 1.9 its average daily volume, BlackRock (NYSE:BLK) was down on high volume today. Shares were off 2.9% to $196.01. The stock has risen $13.19 (7.2%) over the last three months from a price of $182.82 on January 20, 2012. The stock is trading 7.3% above its 200-day moving average.
- Textron (NYSE:TXT) traded on a volume of 8.5 million, or 2.6 its average daily volume, but its price was down. The stock price dropped 3.6% to $26.65. Shares have been on on the rise over the past three months, climbing 74 cents (2.7%) from a price of $27.39 on March 19, 2012. The stock is trading 14.3% above its 200-day moving average.
- Trading with volume of 6.5 million, or 4.2 its average daily volume, DISH Network (NASDAQ:DISH) saw its price drop on above-normal volume. Shares were down 3.4%, closing at $30.75. Share price is up, having risen 68 cents (2.2%) from $31.43 on March 19, 2012. The stock is trading 7.5% above its 200-day moving average.
- Trading at a volume of 66.6 million, or 1.8 its average daily volume, Sprint Nextel Corporation (NYSE:S) was down on high volume today. Shares dropped 3.4% to $2.52. Over the last three months, the stock has gained 25 cents (11%) from a price of $2.27 on January 20, 2012. The stock is trading at 93.6% of its 50-day moving average and 95.4% of its 200-day moving average.
- Siemens (NYSE:SI) was down on high volume after trading at a volume of 1.6 million, or two its average daily volume. The stock price declined 2.4%, closing at $93.18. The stock has been losing steam over the last month, declining $12.12 (-11.5%) from a price of $105.30 on March 19, 2012. The stock is trading at 94.1% of its 50-day moving average and 94.3% of its 200-day moving average.
- Amphenol Corporation (NYSE:APH) was trading down on above-average volume with 2.4 million shares moving, or 2.7 its average daily volume. With a closing price of $58.09, shares were off 3.1%. Shares have been on on the rise over the past three months, climbing 49 cents (0.9%) from a price of $57.60 on March 19, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 0.3% above the mark.