Priceline.com, Netflix Among Stocks Down on Above-average Volume Wednesday

A few stocks are down on high volume today:

  • Priceline.com (NASDAQ:PCLN) was down on high volume, trading with volume of 2.1 million, or 1.6 its average daily volume. Closing at $729.57, shares slipped 1.6%. The stock is trading 7.6% above its 50-day moving average and 23.2% above its 200-day moving average.
  • Netflix (NASDAQ:NFLX) traded on a volume of 7.5 million, or 1.9 its average daily volume, but its price was down. With a closing price of $99.81, shares were down 2.1%. Shares are down over the last two months as the price has dropped $24.12 (-19.5%) from a price of $123.93 on February 10, 2012. The stock is trading at 88% of its 50-day moving average and 88.3% of its 200-day moving average.
  • Trading with volume of 11.7 million, or 1.9 its average daily volume, NetApp (NASDAQ:NTAP) saw its price drop on above-normal volume. The stock price dropped 2.7% to $40.87. Share price improved over the last three months, now up $6.44 (18.7%) from $34.43 on January 12, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 2.4% above the mark.
  • Chesapeake Energy Corporation (NYSE:CHK) was down on high volume after trading at a volume of 23.3 million, or 1.7 its average daily volume. Closing at $20.09, shares were down 2.9%. Over the last month, the share price has dropped $4.12 (-17%) from $24.21 on March 12, 2012. The stock is trading at 84.6% of its 50-day moving average and 81.1% of its 200-day moving average.
  • After trading at a volume of 7.1 million, or 1.6 its average daily volume, (NYSE:RIG) saw its price drop. The stock price dropped 1.3% to $49.14. Share price is up, having risen $3.02 (5.8%) from $52.16 on March 12, 2012. The stock has moved down across its 200-day moving average of $49.63 today.
  • Trading with volume of 6.1 million, or 1.5 its average daily volume, Tesoro Corporation (NYSE:TSO) saw its price drop on above-normal volume. With a closing price of $23.91, shares were down 1.5%. The stock has been losing steam over the last month, falling $5.42 (-18.5%) from a price of $29.33 on March 12, 2012. The stock is trading at 86.6% of its 50-day moving average and 94.3% of its 200-day moving average.
  • Newfield Exploration (NYSE:NFX) was trading down on above-average volume with 3.3 million shares moving, or 1.5 its average daily volume. At $32.29, the stock price has fallen 2.4%. The stock is down over the last three months, having fallen $6.01 (-15.7%) from $38.30 on January 12, 2012. The stock is trading at 90.5% of its 50-day moving average and 81.2% of its 200-day moving average.
  • EQT Corporation (NYSE:EQT) experienced a price drop on above-average volume today, with 2.2 million shares, or 1.6 its average daily volume, changing hands. Shares fell 2.9% to $46.06. The share price has been declining in the last month, down $4.44 (-8.8%) from $50.50 on March 12, 2012. The stock is trading at 91.5% of its 50-day moving average and 84.9% of its 200-day moving average.
  • Trading at a volume of 1.6 million, or 1.6 its average daily volume, Compania de Minas Buenaventura (NYSE:BVN) was down on high volume today. Shares were down 1.8%, closing at $41.19. Shares have been on on the rise over the past month, climbing $1.91 (4.9%) from a price of $39.28 on March 12, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 2.7% above the mark.