NetApp, EMC Among Stocks Down on High Volume Thursday
Today, these stocks are down on high volume:
- NetApp (NASDAQ:NTAP) is trading down on a volume of 34.7 million, or four times its average daily volume. Shares are off 14.3% to $28.16. The stock is trading at 73.7% of its 50-day moving average and 71.7% of its 200-day moving average.
- EMC (NYSE:EMC) is trading down on above-normal volume today, seeing a price drop on a volume of 39.4 million, or two times its average daily volume. The stock price has slipped 5.5% to $24.05. Shares are down over the last two months as the price has dropped $5.50 (-18.6%) from a price of $29.55 on March 27, 2012. The stock is trading at 87.5% of its 50-day moving average and 92.3% of its 200-day moving average.
- Tiffany & (NYSE:TIF) is seeing its price fall on above-normal volume today, as 8.3 million shares have moved, or 4.1 times its average daily volume. The stock price is $56.74, reflecting a 8.2% decrease. The stock is down over the last two months, having fallen $14.95 (-20.9%) from a price of $71.69 on March 27, 2012. The stock is trading at 86.8% of its 50-day moving average and 84.7% of its 200-day moving average.
- American Capital Mortgage Investment Crp (NASDAQ:MTGE) is trading down on above-average volume today, seeing a price drop on a volume of 7.2 million, or 10.5 times its average daily volume. At $23.34, shares are down 2%.
- Signet Jewelers (NYSE:SIG) is trading down on a volume of 2.7 million, or 3.4 times its normal daily volume. Shares have fallen 9.2% to $43.34. The stock has been sliding in the last two months, down $6.16 (-12.4%) from a price of $49.50 on March 27, 2012. The stock has moved down across its 50-day moving average of $46.93 today.
- Tenaris (NYSE:TS) is trading down on a volume of 2.9 million, or 1.9 times its standard daily volume. Shares have dropped 2.4% to $32.80. The stock has been on a downward trajectory over the last two months, dropping $6.43 (-16.4%) from a price of $39.23 on March 27, 2012. The stock is trading at 91.3% of its 50-day moving average and 89% of its 200-day moving average.
- Monro Muffler Brake (NASDAQ:MNRO) is trading down on above-normal volume today, seeing a price drop on a volume of 1.4 million, or 3.8 times its average daily volume. Shares are off 9.7% to $33.40. Over the last three months, the stock has lost $13.33 (-28.5%) from a price of $46.73 on February 28, 2012. The stock is trading at 84.1% of its 50-day moving average and 82.2% of its 200-day moving average.
- Today, Western Asset Managed Municipals Fnd (NYSE:MMU) is down on high volume, trading at a volume of 161,404, or 2.5 times its average daily volume. A decrease of 2% has brought the stock price to $13.94. Shares have shown some positive movement over the last two months as the price has climbed 60 cents (4.5%) from a price of $13.34 on March 27, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 1.7% above the mark.
- Asia Entertainment & Resources (NASDAQ:AERL) is trading down on a volume of 177,428, or two times its normal daily volume. At $4.03, shares are down 7.8%.