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Teva Pharmaceutical Inds, VeriFone Systems Among Stocks Down on Above-average Volume Tuesday

Today, these stocks are down on high volume:

  • Trading at a volume of 28.2 million, or 5.3 its average daily volume, Teva Pharmaceutical Inds (NASDAQ:TEVA) was down on high volume today. The stock price dropped 1.3% to $38.10. The stock has been losing steam over the last month, falling $7.53 (-16.5%) from a price of $45.63 on April 27, 2012. The stock is trading at 89.3% of its 50-day moving average and 88.8% of its 200-day moving average.
  • VeriFone Systems (NYSE:PAY) was trading down on above-average volume with 14.5 million shares moving, or 2.8 its average daily volume. Shares were down 6.3% to $35.64. Over the last month, the share price has dropped $18.80 (-34.5%) from $54.44 on April 27, 2012. The stock is trading at 74% of its 50-day moving average and 78.4% of its 200-day moving average.
  • Zynga (NASDAQ:ZNGA) traded on a volume of 48.1 million, or two its average daily volume, but its price was down. The stock price declined 7.9%, closing at $6.09.
  • Tibco Software (NASDAQ:TIBX) was down on high volume, trading with volume of 6.6 million, or 2.5 its average daily volume. With a closing price of $27.62, shares dropped 2.4%. The share price has been declining in the last month, down $5.56 (-16.8%) from $33.18 on April 27, 2012. The stock is trading at 88.6% of its 50-day moving average and 96.2% of its 200-day moving average.
  • Trading with volume of 5.8 million, or 2.4 its average daily volume, Tata Motors (NYSE:TTM) saw its price drop on above-normal volume. Shares were off 2.9% to $23.14. The stock has been going in a negative direction over the last month, dropping $6.69 (-22.4%) from a price of $29.83 on April 27, 2012. The stock is trading at 85.6% of its 50-day moving average and 95.7% of its 200-day moving average.
  • Pandora Media (NYSE:P) traded on a volume of 7.6 million, or 1.7 its average daily volume, but its price was down. Shares were down 10.2% to $10.59.
  • Par Pharmaceutical Companies (NYSE:PRX) was trading down on above-average volume with 1.7 million shares moving, or 6.2 its average daily volume. Closing at $37.70, shares dropped 7.8%. The share price has dropped $4.30 (-10.2%) from $42 on April 27, 2012. The stock is trading 3.1% above its 200-day moving average.
  • Myriad Genetics (NASDAQ:MYGN) traded on a volume of one million, or 1.5 its average daily volume, but its price was down. Closing at $25.20, shares were down 1.3%. The stock has been on an upward trajectory over the last two months, increasing $1.63 (6.9%) from a price of $23.57 on March 29, 2012. The stock is trading 7.8% above its 200-day moving average.
  • Trading at a volume of 2.9 million, or three its average daily volume, Lexington Realty (NYSE:LXP) was down on high volume today. Shares were off 1.1% to $8.30. The stock has been on a downward trajectory over the last two months, sliding 73 cents (-8.1%) from a price of $9.03 on March 29, 2012. The stock has moved down across its 200-day moving average of $8.34 today.