Microsoft, Starbucks Among Stocks Down on High Volume Friday
Here are stocks that are down on high volume today:
- After trading at a volume of 61.3 million, or 1.6 its average daily volume, (NASDAQ:MSFT) saw its price drop. Shares dropped 1.8% to $30.11. The stock has lost momentum over the last three months, losing $1.81 (-5.7%) from $31.92 on April 24, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 0.9% above the mark.
- Starbucks (NASDAQ:SBUX) experienced a price drop on above-average volume today, with 11.5 million shares, or 2.2 its average daily volume, changing hands. With a closing price of $51.96, shares were down 4.1%. Over the last three months, the stock has lost $6.09 (-10.5%) from a price of $58.05 on April 24, 2012. The stock has moved down across its 50-day moving average of $53.23 today.
- Trading at a volume of 9.1 million, or 1.5 its average daily volume, Yum Brands (NYSE:YUM) was down on high volume today. Closing at $64.95, shares slipped 1.4%. The stock is down over the last three months, having fallen $7.29 (-10.1%) from $72.24 on April 24, 2012. The stock has moved down across its 50-day moving average of $65.15 today.
- Trading with volume of 11.9 million, or 1.5 its average daily volume, Vodafone (NASDAQ:VOD) saw its price drop on above-normal volume. Shares were down 2.2%, closing at $28.20. The stock has been on an upward trajectory over the last two months, rising $1.09 (4%) from a price of $27.11 on May 22, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 1.1% above the mark.
- MetLife (NYSE:MET) experienced a price drop on above-average volume today, with 11.2 million shares, or 1.8 its average daily volume, changing hands. The stock price dropped 4.1% to $29.53. The stock has fallen over the last three months, dropping $6.05 (-17%) from $35.58 on April 24, 2012. The stock has moved down across its 50-day moving average of $30.19 today.
- After trading at a volume of 5.4 million, or two its average daily volume, (NYSE:PNC) saw its price drop. With a closing price of $59.14, shares were down 3.5%. The stock has lost momentum over the last three months, losing $6.43 (-9.8%) from $65.57 on April 24, 2012. The stock has moved down across its 50-day moving average of $60.18 today.
- Trading at a volume of 24.2 million, or 1.6 its average daily volume, Taiwan Semiconductor Mfg. (NYSE:TSM) was down on high volume today. At $12.65, the stock price has fallen 1.6%. Over the last three months, the stock has lost $2.21 (-14.9%) from a price of $14.86 on April 24, 2012. The stock is trading at 93.6% of its 50-day moving average and 89.6% of its 200-day moving average.
- General Dynamics (NYSE:GD) was down on high volume after trading at a volume of 4.6 million, or 3.4 its average daily volume. Closing at $64.97, shares dropped 1.5%. The stock is down over the last three months, having fallen $5.09 (-7.3%) from $70.06 on April 24, 2012. The stock has moved down across its 50-day moving average of $64.36 today.
- Kimberly-Clark (NYSE:KMB) was down on high volume, trading with volume of 3.2 million, or 1.8 its average daily volume. With a closing price of $84.83, shares dropped 1.2%. Over the last two months, shares have shown some positive movement as the price has climbed $6.15 (7.8%) from a price of $78.68 on May 22, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 2.5% above the mark.