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Viacom, Time Warner Included in Stocks Up on High Volume Tuesday

These are the stocks that are up on above-average volume today:

  • Viacom (NASDAQ:VIAB) saw its price climb on above-normal volume, as 18.3 million shares, which is 4.5 times the stock's average daily volume, changed hands. Shares were up 1.8% to $48.87. Share price has been rising, and is up $1.97 (4.2%) from a price of $46.90 on May 21, 2012. The stock is trading 3.5% above its 50-day moving average and 4.9% above its 200-day moving average.
  • Time Warner (NYSE:TWX) experienced a price hike on above-average volume today, trading at a volume of 8.1 million, or 1.6 times its standard daily volume. The stock price hit $35.27, a 1.6% increase. The stock has been losing steam over the last month, declining $2.80 (-7.4%) from a price of $38.07 on April 27, 2012. The stock has climbed a step closer to its 50-day moving average, sitting at just 98.2% of the mark.
  • Sprint Nextel (NYSE:S) saw its price spike on above-average volume today, as 70.3 million shares, which is 1.7 times the stock's average daily volume, traded hands. The stock price experienced a 1.9% increase, coming in at $2.67. Shares have been on an upward trajectory over the past month, rising 31 cents (13.1%) from a price of $2.36 on April 27, 2012. The stock is trading 6.8% above its 50-day moving average and 5.1% above its 200-day moving average.
  • Eastman Chemical (NYSE:EMN) experienced a price hike on above-average volume today, trading at a volume of 3.3 million, or 1.5 times its standard daily volume. At $49.49, share price climbed 3.9%. Over the last month, the share price has dropped $4.56 (-8.4%) from $54.05 on April 27, 2012. The stock is trading 3.9% above its 200-day moving average.
  • Cimarex Energy (NYSE:XEC) saw its price climb on above-normal volume, as two million shares, which is 2.4 times the stock's average daily volume, changed hands. Shares were up 2.1% to $55.19. The stock has lost momentum over the last three months, losing $27.78 (-33.5%) from $82.97 on March 1, 2012. The stock is trading at 86.4% of its 50-day moving average and 81.7% of its 200-day moving average.
  • Elan Corporation plc (NYSE:ELN) was up on high volume today, after trading at a volume of 5.2 million, or 1.5 times its average daily volume. The stock price reached $14.82, a 3.6% increase. The stock has risen $2 (15.6%) over the last three months from a price of $12.82 on March 1, 2012. The stock is trading 9.4% above its 50-day moving average and 12.4% above its 200-day moving average.
  • SAIC (NYSE:SAI) saw its price spike on above-average volume today, as 6.1 million shares, which is 2.9 times the stock's average daily volume, traded hands. Share price improved 4.3% to $11.08. Shares are down over the last two months as the price has dropped $2.13 (-16.1%) from a price of $13.21 on March 29, 2012. The stock has climbed a step closer to its 50-day moving average, sitting at just 95.9% of the mark.
  • The Bank of Nova Scotia (NYSE:BNS) experienced a price hike on above-average volume today, trading at a volume of 1.2 million, or two times its standard daily volume. Shares were up 2.7% to $50.84. The stock has been on a downward trajectory over the last two months, dipping $5.84 (-10.3%) from a price of $56.68 on March 29, 2012. The stock has climbed a step closer to its 50-day moving average, sitting at just 95.4% of the mark.
  • VimpelCom (NYSE:VIP) was up on high volume today, after trading at a volume of six million, or 2.2 times its average daily volume. The stock price reached $8.11, a 10.9% increase. The stock is down over the last three months, having fallen $4.20 (-34.1%) from $12.31 on March 1, 2012. The stock is trading at 84.1% of its 50-day moving average and 77% of its 200-day moving average.