Microsoft, FedEx Among Stocks Up on High Volume Tuesday
These are the stocks that are up on above-average volume today:
- Microsoft (NASDAQ:MSFT) saw its price climb on above-normal volume, as 74.9 million shares, which is 1.7 times the stock's average daily volume, changed hands. At $30.70, share price increased 2.9%. The stock has been on a downward trajectory over the last two months, slipping $1.72 (-5.3%) from a price of $32.42 on April 20, 2012. The stock has moved up across its 50-day moving average of $29.87 today.
- FedEx (NYSE:FDX) saw its price spike on above-average volume today, as 4.7 million shares, which is 2.1 times the stock's average daily volume, traded hands. The stock price reached $91.01, a 2.8% increase. Share price is up, having risen $5.94 (7%) from $85.07 on May 18, 2012. The stock is trading 3.9% above its 50-day moving average and 3.2% above its 200-day moving average.
- CF Industries Holdings (NYSE:CF) experienced a price hike on above-average volume today, trading at a volume of 2.3 million, or 2.1 times its standard daily volume. Shares were up 5.8% to $180.86. Shares have been on on the rise over the past month, climbing $23.85 (15.2%) from a price of $157.01 on May 18, 2012. The stock has moved up across its 50-day moving average of $171.00 today.
- Discover Financial Services (NYSE:DFS) saw its price climb on above-normal volume, as 10 million shares, which is two times the stock's average daily volume, changed hands. The stock price was up 2.3% to $33.57. Share price is up $2.05 (6.5%) from $31.52 on May 18, 2012. The stock is trading 2.7% above its 50-day moving average and 10.3% above its 200-day moving average.
- Valero Energy (NYSE:VLO) experienced a price hike on above-average volume today, trading at a volume of 13.4 million, or 1.5 times its standard daily volume. Share price climbed 5.7% to $23.03. The stock has lost momentum over the last three months, losing $3.41 (-12.9%) from $26.44 on March 22, 2012. The stock has moved up across its 50-day moving average of $22.17 today.
- Mosaic (NYSE:MOS) was up on high volume today, trading with volume of 5.5 million, or 1.6 times its average daily volume. At $52.28, share price improved 4.1%.
- After trading at a volume of 2.8 million, or 1.7 times its average, Alexion Pharmaceuticals (NASDAQ:ALXN) was up on high volume today. The stock price reached $98.70, a 4.9% increase. Share price is up, having risen $14.44 (17.1%) from $84.26 on May 18, 2012. The stock is trading 9.5% above its 50-day moving average and 15.6% above its 200-day moving average.
- Covidien (NYSE:COV) experienced a price hike on above-average volume today, trading at a volume of 3.9 million, or 1.6 times its standard daily volume. The stock price experienced a 1.2% increase, coming in at $53.64. Shares are up, having risen $1.47 (2.8%) from a price of $52.17 on June 12, 2012. The stock has moved up across its 50-day moving average of $53.09 today.
- Sanofi (NYSE:SNY) was up on high volume today, trading with volume of 4.5 million, or 1.9 times its average daily volume. The stock price hit $36.65, a 3.3% increase. Shares have been on an upward trajectory over the past month, rising $2.46 (7.2%) from a price of $34.19 on May 18, 2012. The stock has moved up across its 200-day moving average of $36.18 today.