Kimberly-Clark, Southern Among Stocks Down on High Volume Wednesday

Here are stocks that are down on high volume today:

  • Kimberly-Clark (NYSE:KMB) was down on high volume after trading at a volume of 4.4 million, or 1.6 its average daily volume. Closing at $81.61, shares were down 1.9%. Share price rose over the last three months, now up $8.48 (11.6%) from $73.13 on March 23, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 2.2% above the mark.
  • Southern (NYSE:SO) experienced a price drop on above-average volume today, with 7.6 million shares, or 1.9 its average daily volume, changing hands. Shares were down 2%, closing at $46.76. Shares have been on on the rise over the past three months, climbing $1.25 (2.7%) from a price of $45.51 on May 21, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 0.9% above the mark.
  • Concho Resources (NYSE:CXO) was down on high volume, trading with volume of 3.9 million, or 3.6 its average daily volume. Closing at $86.12, shares slipped 3.6%. The stock is down over the last three months, having fallen $13.80 (-13.8%) from $99.92 on March 23, 2012. The stock is trading at 94.3% of its 50-day moving average and 88.1% of its 200-day moving average.
  • Emerson Electric (NYSE:EMR) was down on high volume after trading at a volume of 6.5 million, or 1.6 its average daily volume. Closing at $46.02, shares dropped 2%. The stock has fallen over the last three months, dropping $5.19 (-10.1%) from $51.21 on March 23, 2012. The stock is trading at 97.1% of its 50-day moving average and 93.3% of its 200-day moving average.
  • Cerner (NASDAQ:CERN) saw its price drop on above-normal volume today, as 2.7 million shares have changed hands or 1.7 times its average daily volume. With a closing price of $83.51, shares dropped 3.9%. Over the last two months, shares have shown some positive movement as the price has climbed $10.13 (13.8%) from a price of $73.38 on April 23, 2012. The stock is trading 5.1% above its 50-day moving average and 13.1% above its 200-day moving average.
  • After trading at a volume of 7.6 million, or 2.6 its average daily volume, (NASDAQ:MXIM) saw its price drop. With a closing price of $25.67, shares were down 1.5%. Over the last three months, the stock has lost $2.95 (-10.3%) from a price of $28.62 on March 23, 2012. The stock is trading at 98.1% of its 50-day moving average and 95.6% of its 200-day moving average.
  • Trading with volume of 2.8 million, or 1.7 its average daily volume, Consolidated Edison (NYSE:ED) saw its price drop on above-normal volume. Shares were down 2.1%, closing at $61.50. The stock has risen $4.37 (7.6%) over the last three months from a price of $57.13 on March 23, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 1.7% above the mark.
  • Trading at a volume of 2.8 million, or two its average daily volume, Rockwell Collins (NYSE:COL) was down on high volume today. Closing at $49.36, shares dropped 1.6%. The stock has lost momentum over the last three months, losing $8.19 (-14.2%) from $57.55 on March 23, 2012. The stock is trading at 96.3% of its 50-day moving average and 89.6% of its 200-day moving average.
  • ConAgra Foods (NYSE:CAG) saw its price drop on above-normal volume today, as 4.9 million shares have changed hands or 1.9 times its average daily volume. With a closing price of $24.60, shares were off 1.8%. The stock is down over the last three months, having fallen $1.45 (-5.6%) from $26.05 on March 23, 2012. The stock is trading at 97.5% of its 50-day moving average and 95.3% of its 200-day moving average.