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Sara Lee, St Jude Medical Among Stocks Down on Above-average Volume Tuesday

Today, a few stocks are down on high volume:

  • Trading with volume of 30.6 million, or 2.3 its average daily volume, Sara Lee (NYSE:SLE) saw its price drop on above-normal volume. At $19.03, the stock price has fallen 2.3%. Shares are down over the last two months as the price has dropped $2.47 (-11.5%) from a price of $21.50 on April 13, 2012. The stock is trading at 90.2% of its 50-day moving average and 93.7% of its 200-day moving average.
  • St Jude Medical (NYSE:STJ) saw its price drop on above-normal volume today, as 15.2 million shares have changed hands or 7.1 times its average daily volume. Closing at $36.24, shares dropped 6%. The stock has lost momentum over the last three months, losing $6.52 (-15.2%) from $42.76 on March 15, 2012. The stock is trading at 93.7% of its 50-day moving average and 91.9% of its 200-day moving average.
  • After trading at a volume of 7.5 million, or 2.3 its average daily volume, (NYSE:PNC) saw its price drop. Shares fell 1.2% to $57.50. The share price has been slipping in the last month, down $7.98 (-12.2%) from $65.48 on May 11, 2012. The stock is trading at 92.3% of its 50-day moving average and 95.4% of its 200-day moving average.
  • Trading with volume of 57.4 million, or two its average daily volume, Zynga (NASDAQ:ZNGA) saw its price drop on above-normal volume. Shares were off 10.3% to $4.98.
  • VeriFone Systems (NYSE:PAY) saw its price drop on above-normal volume today, as 8.5 million shares have changed hands or 1.7 times its average daily volume. The stock price declined 6%, closing at $31.92. The stock is trading at 74.2% of its 50-day moving average and 71.4% of its 200-day moving average.
  • Invesco (NYSE:IVZ) was down on high volume, trading with volume of 10.5 million, or 2.2 its average daily volume. Shares were down 1.7% to $21.97. Over the last three months, the stock has lost $4.40 (-16.7%) from a price of $26.37 on March 15, 2012. The stock is trading at 96.8% of its 50-day moving average and 96.2% of its 200-day moving average.
  • The Fresh Market (NASDAQ:TFM) experienced a price drop on above-average volume today, with 2.4 million shares, or 2.6 its average daily volume, changing hands. Shares were down 1.8%, closing at $52.04. The stock has been dipping recently, and shares are down $6.05 (-10.4%) from a price of $58.09 on June 5, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 0.4% above the mark.
  • Republic Services (NYSE:RSG) saw its price drop on above-normal volume today, as 4.3 million shares have changed hands or 1.5 times its average daily volume. At $25.65, the stock price has fallen 1.1%. The stock is down over the last two months, having fallen $5.13 (-16.7%) from a price of $30.78 on April 13, 2012. The stock is trading at 94.8% of its 50-day moving average and 90.1% of its 200-day moving average.
  • QIHOO 360 Technology (NYSE:QIHU) was down on high volume, trading with volume of 1.8 million, or 1.7 its average daily volume. Shares were off 2.8% to $18.74. The stock has fallen over the last three months, dropping $3.56 (-16%) from $22.30 on March 15, 2012. The stock is trading at 88.7% of its 50-day moving average and 92.9% of its 200-day moving average.