Wells Fargo, McDonald's Among Stocks Down on High Volume Friday
Here are stocks that are down on high volume today:
- Trading at a volume of 49.7 million, or 1.6 its average daily volume, Wells Fargo (NYSE:WFC) was down on high volume today. Closing at $30.16, shares slipped 5.9%. Shares are down over the last two months as the price has dropped $4.32 (-12.5%) from a price of $34.48 on April 3, 2012. The stock has moved down across its 200-day moving average of $30.59 today.
- McDonald's (NYSE:MCD) was down on high volume after trading at a volume of 10.7 million, or 1.8 its average daily volume. Shares were down 2.9% to $86.71. The stock is down over the last three months, having fallen $13.18 (-13.2%) from $99.89 on March 6, 2012. The stock is trading at 92.7% of its 50-day moving average and 90.2% of its 200-day moving average.
- After trading at a volume of 20.6 million, or 1.8 its average daily volume, (NYSE:LVS) saw its price drop. Shares fell 7% to $42.97. The stock has been sliding in the last two months, down $15.72 (-26.8%) from a price of $58.69 on April 3, 2012. The stock is trading at 82% of its 50-day moving average and 84.1% of its 200-day moving average.
- ConocoPhillips (NYSE:COP) traded on a volume of 16 million, or 1.7 its average daily volume, but its price was down. With a closing price of $51.19, shares were down 1.9%. The stock has lost momentum over the last three months, losing $25.26 (-33%) from $76.45 on March 6, 2012. The stock is trading at 86.2% of its 50-day moving average and 74.6% of its 200-day moving average.
- American Intl Group (NYSE:AIG) experienced a price drop on above-average volume today, with 28.3 million shares, or 1.8 its average daily volume, changing hands. Closing at $27.21, shares were down 6.8%. The share price has been decreasing in the last month, down $7.55 (-21.7%) from $34.76 on May 2, 2012. The stock has moved down across its 200-day moving average of $27.97 today.
- Walt Disney (NYSE:DIS) was down on high volume, trading with volume of 14.8 million, or 1.5 its average daily volume. The stock price dropped 2.9% to $44.40. Share price is up 86 cents (2%) from $43.54 on May 2, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 1% above the mark.
- Trading with volume of 7.9 million, or 1.6 its average daily volume, Philip Morris International (NYSE:PM) saw its price drop on above-normal volume. The stock price declined 2%, closing at $82.79. Over the last month, the share price has dropped $7.52 (-8.3%) from $90.31 on May 2, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 1.7% above the mark.
- US Bancorp (NYSE:USB) was down on high volume after trading at a volume of 18.7 million, or 1.8 its average daily volume. Shares fell 4.9% to $29.60. The stock has been going in a negative direction over the last month, dropping $2.44 (-7.6%) from a price of $32.04 on May 2, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 1.2% above the mark.
- Texas Instruments (NASDAQ:TXN) was trading down on above-average volume with 19.4 million shares moving, or 2.6 its average daily volume. With a closing price of $27, shares were off 5.2%.