Wal-Mart Stores, Cisco Systems Among Stocks Down on Above-average Volume Tuesday

FOXBusiness

There are a few stocks that are down on high volume today:

  • Wal-Mart Stores (NYSE:WMT) was trading down on above-average volume with 29.8 million shares moving, or 2.7 its average daily volume. Shares were off 3% to $57.77. Shares are down $4.10 (-6.6%) from a price of $61.87 on April 17, 2012. The stock has moved down across its 200-day moving average of $58.91 today.

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  • Trading with volume of 67.3 million, or two its average daily volume, Cisco Systems (NASDAQ:CSCO) saw its price drop on above-normal volume. Shares fell 1.3% to $19.42. Over the last month, the share price has dropped $1.11 (-5.4%) from $20.53 on March 23, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 2% above the mark.
  • After trading at a volume of 18.7 million, or 1.6 its average daily volume, (NASDAQ:TXN) saw its price drop. The stock price declined 1.7%, closing at $31.36.
  • W.W. Grainger (NYSE:GWW) was trading down on above-average volume with two million shares moving, or 3.5 its average daily volume. Shares were down 3.4%, closing at $204.01. Shares have been on on the rise over the past three months, climbing $10.71 (5%) from a price of $214.72 on March 23, 2012. The stock is trading 5.3% above its 200-day moving average.
  • Watson Pharmaceuticals (NYSE:WPI) was down on high volume, trading with volume of 4.1 million, or 2.3 its average daily volume. The stock price dropped 1.2% to $68.60. Shares have shown some positive movement over the last two months as the price has climbed $10.43 (17.9%) from a price of $58.17 on February 24, 2012. The stock is trading 6.1% above its 50-day moving average and 8% above its 200-day moving average.
  • Trading with volume of 4.7 million, or two its average daily volume, Check Point Software Technologies (NASDAQ:CHKP) saw its price drop on above-normal volume. Shares were off 1.6% to $59.80. The stock has risen $4.17 (7.5%) over the last three months from a price of $55.63 on January 26, 2012. The stock is trading 3.3% above its 200-day moving average.
  • After trading at a volume of 4.3 million, or 1.7 its average daily volume, (NYSE:TMO) saw its price drop. Shares dropped 1.9% to $52.74. The share price has been falling in the last month, down $4.01 (-7.1%) from $56.75 on March 23, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 0.3% above the mark.
  • Alexion Pharmaceuticals (NASDAQ:ALXN) traded on a volume of 2.3 million, or 2.4 its average daily volume, but its price was down. Shares fell 3.3% to $88.90. Share price is up, having risen $4.92 (5.2%) from $93.82 on March 23, 2012. The stock is trading 13.3% above its 200-day moving average.
  • Reynolds American (NYSE:RAI) was down on high volume after trading at a volume of 4.9 million, or 2.6 its average daily volume. The stock price dropped 5% to $39.65. The stock has seen some negative movement recently as shares are down $2.06 (-4.9%) from a price of $41.71 on April 17, 2012. The stock has moved down across its 50-day moving average of $41.53 today.

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