Oracle, Prudential Financial Among Stocks Down on High Volume Monday
There are a few stocks down on high volume today:
- Oracle (NASDAQ:ORCL) was down on high volume after trading at a volume of 33.6 million, or 1.5 its average daily volume. Closing at $27.92, shares dropped 1.7%. The stock has been falling in the last two months, down $2.15 (-7.1%) from a price of $30.07 on March 8, 2012. The stock is trading at 95.8% of its 50-day moving average and 95.6% of its 200-day moving average.
- After trading at a volume of seven million, or 1.7 its average daily volume, (NYSE:PRU) saw its price drop. At $52.19, the stock price has fallen 1.3%. The share price has been sinking in the last month, down $10.33 (-16.5%) from $62.52 on April 5, 2012. The stock is trading at 85.8% of its 50-day moving average and 92% of its 200-day moving average.
- Accenture (NYSE:ACN) traded on a volume of 5.6 million, or 2.1 its average daily volume, but its price was down. With a closing price of $60.25, shares were off 3.8%. Shares are down, having dropped $4.70 (-7.2%) from a price of $64.95 on April 30, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 2% above the mark.
- Marathon Oil (NYSE:MRO) was trading down on above-average volume with 11.2 million shares moving, or 1.6 its average daily volume. With a closing price of $26.34, shares were down 1.7%. The stock has been on a downward trajectory over the last two months, sliding $7.19 (-21.4%) from a price of $33.53 on March 8, 2012. The stock is trading at 86.4% of its 50-day moving average and 87.9% of its 200-day moving average.
- Rackspace Hosting (NYSE:RAX) traded on a volume of 3.9 million, or 2.3 its average daily volume, but its price was down. Shares were off 1% to $57.81. Share price is up 92 cents (1.6%) from $56.89 on April 5, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 1.8% above the mark.
- Trading with volume of 1.6 million, or 2.3 its average daily volume, Fossil (NASDAQ:FOSL) saw its price drop on above-normal volume. Closing at $125.77, shares were down 2.6%. The stock has risen $25.02 (24.8%) over the last three months from a price of $100.75 on February 8, 2012. The stock is trading 13.2% above its 200-day moving average.
- Alexion Pharmaceuticals (NASDAQ:ALXN) saw its price drop on above-normal volume today, as 1.9 million shares have changed hands or 1.6 times its average daily volume. Shares fell 1% to $86.39. Share price went up over the last three months, now up $9.70 (12.6%) from $76.69 on February 8, 2012. The stock is trading 8.8% above its 200-day moving average.
- Trading at a volume of 2.9 million, or 1.8 its average daily volume, Infosys Ltd ADR (NASDAQ:INFY) was down on high volume today. With a closing price of $44.85, shares dropped 1.8%. Shares are down over the last two months as the price has dropped $12.87 (-22.3%) from a price of $57.72 on March 8, 2012. The stock is trading at 86.7% of its 50-day moving average and 83.3% of its 200-day moving average.
- Trading with volume of three million, or two its average daily volume, Foot Locker (NYSE:FL) saw its price drop on above-normal volume. Shares were off 2.3% to $29.98. Over the last three months, the stock has gained $3.28 (12.3%) from a price of $26.70 on February 8, 2012. The stock is trading 10.3% above its 200-day moving average.