Mead Johnson Nutrition, WellPoint Among Stocks Down on Above-average Volume Friday
There are a few stocks that are down on high volume today:
- Trading with volume of 7.2 million, or 3.6 its average daily volume, Mead Johnson Nutrition (NYSE:MJN) saw its price drop on above-normal volume. Closing at $80.51, shares dropped 6%. The stock has been sinking recently, and shares are down $8.13 (-9.2%) from a price of $88.64 on June 22, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 1.1% above the mark.
- WellPoint (NYSE:WLP) was trading down on above-average volume with 8.3 million shares moving, or 1.6 its average daily volume. The stock price dropped 3.2% to $63.79. The stock has fallen over the last three months, dropping $8.85 (-12.2%) from $72.64 on April 3, 2012. The stock is trading at 93.4% of its 50-day moving average and 94% of its 200-day moving average.
- Walter Energy (NYSE:WLT) was down on high volume, trading with volume of 5.6 million, or 2.4 its average daily volume. Shares dropped 2% to $44.16. The stock has been declining in the last two months, down $19.76 (-30.9%) from a price of $63.92 on May 2, 2012. The stock is trading at 89.2% of its 50-day moving average and 73.8% of its 200-day moving average.
- Humana (NYSE:HUM) was down on high volume after trading at a volume of 3.1 million, or 1.8 its average daily volume. Closing at $77.44, shares slipped 2.7%. Over the last three months, the stock has lost $13.56 (-14.9%) from a price of $91 on April 3, 2012. The stock has moved down across its 50-day moving average of $78.66 today.
- Nokia Corporation (NYSE:NOK) experienced a price drop on above-average volume today, with 71.7 million shares, or 2.1 its average daily volume, changing hands. With a closing price of $2.07, shares dropped 1.9%. The stock is trading at 76.7% of its 50-day moving average and 48.8% of its 200-day moving average.
- Everest Re Group (NYSE:RE) was trading down on above-average volume with 860,074 shares moving, or 2.1 its average daily volume. With a closing price of $103.49, shares were down 1.6%. Over the last three months, the stock has gained $9.45 (10%) from a price of $94.04 on April 3, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 1.3% above the mark.
- Trading with volume of 4.9 million, or 1.9 its average daily volume, Warner Chilcott (NASDAQ:WCRX) saw its price drop on above-normal volume. The stock price dropped 2.4% to $17.93. The stock is down over the last two months, having fallen $4.04 (-18.4%) from a price of $21.97 on May 2, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 1.9% above the mark.
- New Oriental Education & Tech Grp (NYSE:EDU) saw its price drop on above-normal volume today, as 1.7 million shares have changed hands or 1.8 times its average daily volume. Closing at $24.50, shares dropped 2.2%. The stock has been on a downward trajectory over the last two months, dipping $4.32 (-15%) from a price of $28.82 on May 2, 2012. The stock is trading at 91.7% of its 50-day moving average and 93% of its 200-day moving average.
- RR Donnelley & Sons (NASDAQ:RRD) traded on a volume of 3.2 million, or 1.5 its average daily volume, but its price was down. Shares fell 1.3% to $11.77. Share price is up $1.01 (9.4%) from $10.76 on May 31, 2012. The stock has moved down across its 50-day moving average of $10.95 today.