Microsoft, Intel Among Stocks Down on High Volume Thursday
Today, these stocks are down on high volume:
- Microsoft (NASDAQ:MSFT) was trading down on above-average volume with 63 million shares moving, or 1.8 its average daily volume. The stock price declined 2.3%, closing at $28.63. The stock has fallen over the last three months, dropping $2.45 (-7.9%) from $31.07 on April 16, 2012. The stock is trading at 95.8% of its 50-day moving average and 95.5% of its 200-day moving average.
- Intel (NASDAQ:INTC) saw its price drop on above-normal volume today, as 52.8 million shares have changed hands or 1.8 times its average daily volume. Shares were down 2.6% to $24.74. The stock has lost momentum over the last three months, losing $3.67 (-12.9%) from $28.41 on April 16, 2012. The stock is trading at 93.9% of its 50-day moving average and 93.1% of its 200-day moving average.
- Cisco Systems (NASDAQ:CSCO) was down on high volume, trading with volume of 69.9 million, or two its average daily volume. Closing at $15.98, shares slipped 2.4%. Over the last three months, the stock has lost $3.75 (-19%) from a price of $19.73 on April 16, 2012. The stock is trading at 95.1% of its 50-day moving average and 86.5% of its 200-day moving average.
- Coca-Cola (NYSE:KO) was down on high volume after trading at a volume of 9.4 million, or 1.6 its average daily volume. With a closing price of $76.64, shares dropped 1.1%. Share price is up, having risen $1.44 (1.9%) from $75.20 on June 12, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 0.7% above the mark.
- Hewlett-Packard (NYSE:HPQ) saw its price drop on above-normal volume today, as 23.4 million shares have changed hands or 1.6 times its average daily volume. With a closing price of $19.35, shares were off 1.7%. The stock is down over the last three months, having fallen $4.96 (-20.4%) from $24.31 on April 16, 2012. The stock is trading at 92.7% of its 50-day moving average and 80.8% of its 200-day moving average.
- After trading at a volume of 11.6 million, or 1.7 its average daily volume, (NYSE:LVS) saw its price drop. The stock price dropped 4.4% to $39.18. The stock has fallen over the last three months, dropping $19.73 (-33.5%) from $58.91 on April 16, 2012. The stock is trading at 87.5% of its 50-day moving average and 78.7% of its 200-day moving average.
- Trading at a volume of 13 million, or 1.7 its average daily volume, Barrick Gold Corporation (NYSE:ABX) was down on high volume today. Shares dropped 1.1% to $34.56. The stock has lost momentum over the last three months, losing $6.25 (-15.3%) from $40.81 on April 16, 2012. The stock is trading at 90.5% of its 50-day moving average and 81.4% of its 200-day moving average.
- 3M (NYSE:MMM) traded on a volume of 4.9 million, or 1.7 its average daily volume, but its price was down. Closing at $86.41, shares dropped 1.6%. The stock has been sliding recently, and shares are down $3.16 (-3.5%) from a price of $89.57 on July 5, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 0.3% above the mark.
- After trading at a volume of 11.5 million, or 2.5 its average daily volume, (NYSE:CBS) saw its price drop. Shares were down 1%, closing at $30.61. The stock has seen some negative movement recently as shares are down $1.97 (-6%) from a price of $32.58 on July 5, 2012. The stock has moved down across its 200-day moving average of $30.75 today.