The Nasdaq has been relatively flat, the S&P 500 has declined 0.2% and the Dow has fallen 0.5% so far today. The recent surge in popularity of technological stocks has launched the Nasdaq Composite Index into the spotlight, making it one of the premier indexes in the world.

The biggest movers traded on the NASDAQ so far are:

Company Market Cap Percentage Change
True Religion Apparel (Nasdaq:TRLG) $541.8 million +21.7%
Helen of (Nasdaq:HELE) $1.01 billion -10.3%
NXP (Nasdaq:NXPI) $6.16 billion -5.8%
Liberty Interactive Corporation - Series A Liberty (Nasdaq:LVNTA) $26.77 billion +5.7%
Kayak (Nasdaq:KYAK) $1.27 billion -5.4%
Monster (Nasdaq:MNST) $10.01 billion -5%
Costco (Nasdaq:COST) $43.08 billion +4.4%

Broker Summary: OptionsXpress Online Trading Platform

True Religion Apparel (Nasdaq:TRLG) is currently at $25.56 per share after a dramatic increase of 21.7%. With five million shares changing hands so far today, the company's volume is 19.4 times its current three-month average. Volume is also used as a secondary indicator to help confirm what the price movement is suggesting.

Shares of Helen of (Nasdaq:HELE) are currently trading at $28.65, a steep decline of 10.3%. So far today, the company's volume is 321,660 shares. Price change alone is not enough to know how a stock is doing. Volume is an important secondary indicator used to confirm trends suggested by price movement.

NXP (Nasdaq:NXPI) has decreased to $23.05 per share, a 5.8% fall. The company's volume is currently 1.8 million shares for the day, which is more trading activity than there was yesterday. Volume is an important indicator in technical analysis as it is used to measure the worth of a market move. If the markets have made a strong price move either up or down the perceived strength of that move depends on the volume for that period. The higher the volume during that price move the more significant the move.

Liberty Interactive Corporation - Series A Liberty (Nasdaq:LVNTA) has risen 5.7% and is currently trading at $52.01 per share. This morning, the company's volume is 298,686 shares. This is 1.1 times its average daily volume. The trading volume for a stock indicates the level of investor interest.

At $31.26, Kayak (Nasdaq:KYAK) has slipped 5.4%. So far today, the company's volume is 21,439 shares, 0.1 times its average over the past three months. If a stock is trading on low volume, then there is not much interest in the stock. On the other hand, if a stock is trading on high volume, then there is a lot of interest in the stock.

Currently trading at $53.88 per share, Monster (Nasdaq:MNST) has fallen 5%. This morning, the company is trading a volume of 1.6 million shares. Volume indicates the level of interest that investors have in a company at its current price.

Costco (Nasdaq:COST) has moved up 4.4% and is currently trading at $104 per share. So far today, 2.8 million shares have changed hands, whereas yesterday, volume was only 1.6 million shares. In technical analysis, trading volume is used to determine the strength of a market indicator.

The Bottom Line The nature of the market is such that stocks will have good days and bad days. Daily stock performance should be weighed against historical performance and put in context of the market overall. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.

Related Articles
  1. Stock Analysis

    The Biggest Oil Producers in Asia

    Learn which Asian countries deliver the most crude oil to market, and discover what companies are the biggest producers in each country.
  2. Stock Analysis

    The 5 Biggest Russian Oil Companies

    Discover the top Russian oil companies by production volume and find out more about their domestic and international business operations.
  3. Mutual Funds & ETFs

    What Exactly Are Arbitrage Mutual Funds?

    Learn about arbitrage funds and how this type of investment generates profits by taking advantage of price differentials between the cash and futures markets.
  4. Investing News

    Ferrari’s IPO: Ready to Roll or Poor Timing?

    Will Ferrari's shares move fast off the line only to sputter later?
  5. Stock Analysis

    5 Cheap Dividend Stocks for a Bear Market

    Here are five stocks that pay safe dividends and should be at least somewhat resilient to a bear market.
  6. Investing

    How to Win More by Losing Less in Today’s Markets

    The further you fall, the harder it is to climb back up. It’s a universal truth that is painfully apparent in the investing world.
  7. Fundamental Analysis

    Use Options Data To Predict Stock Market Direction

    Options market trading data can provide important insights about the direction of stocks and the overall market. Here’s how to track it.
  8. Stock Analysis

    2 Oil Stocks to Buy Right Now (PSX,TSO)

    Can these two oil stocks buck the trend?
  9. Investing News

    What Alcoa’s (AA) Breakup Means for Investors

    Alcoa plans to split into two companies. Is this a bullish catalyst for investors?
  10. Insurance

    The 5 Biggest Russian Insurance Companies

    Discover the five companies that dominate the Russian insurance market, and learn a little more about their business operations and ownership.
  1. How do dividends affect retained earnings?

    When a company issues a cash dividend to its shareholders, the retained earnings listed on the balance sheet are reduced ... Read Full Answer >>
  2. What is the difference between called-up share capital and paid-up share capital?

    The difference between called-up share capital and paid-up share capital is investors have already paid in full for paid-up ... Read Full Answer >>
  3. Why would a corporation issue convertible bonds?

    A convertible bond represents a hybrid security that has bond and equity features; this type of bond allows the conversion ... Read Full Answer >>
  4. How does additional paid in capital affect retained earnings?

    Both additional paid-in capital and retained earnings are entries under the shareholders' equity section of a company's balance ... Read Full Answer >>
  5. What types of capital are not considered share capital?

    The money a business uses to fund operations or growth is called capital, and there are a number of capital sources available. ... Read Full Answer >>
  6. What is the difference between issued share capital and subscribed share capital?

    The difference between subscribed share capital and issued share capital is the former relates to the amount of stock for ... Read Full Answer >>

You May Also Like

Trading Center
You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!