Cummins and Other NYSE Stocks Making Big Moves on November 19, 2012

November 19, 2012 | Filed Under » ,
Tickers in this Article » LRN, PGR, IOC, GBL, CMI, CF, RL
The market is on the rise this morning, with the Nasdaq climbing 1.7%, the S&P 500 up 1.5% and the Dow increasing 1.3%. Today, more than half of all NYSE trades are conducted electronically, although floor traders are still used to set pricing and deal in high volume institutional trading.

The biggest movers traded on the NYSE so far are:
CompanyMarket CapPercentage Change
K12 (NYSE:LRN)$809.8 million-10.4%
Progressive (NYSE:PGR)$13.64 billion-4.7%
InterOil Corporation (NYSE:IOC)$3.02 billion-4.6%
Gamco Investors (NYSE:GBL)$1.32 billion-4%
Cummins (NYSE:CMI)$18.2 billion+3.4%
CF Industries (NYSE:CF)$12.3 billion+3%
Polo Ralph Lauren (NYSE:RL)$13.85 billion+2.7%
Software Summary: Finviz.com Stock Screener

K12 (NYSE:LRN) is currently trading at $18.34 per share, after a steep drop of 10.4%. So far today, 490,099 shares have changed hands. This is 1.6 times the current three-month average.

Slipping 4.7%, Progressive (NYSE:PGR) is currently trading at $21.50 per share. So far today, the company's volume is 1.9 million shares.

InterOil Corporation (NYSE:IOC) is down 4.6% to reach $59.65 per share. So far today, the company's volume is 437,322 shares, which is likely to result in less activity than yesterday's volume of 1.6 million shares.

Currently trading at $47.75 per share, Gamco Investors (NYSE:GBL) has fallen 4%. This morning, the company's volume is 4,304 shares. This is 0.4 times its current daily average.

Rising 3.4%, Cummins (NYSE:CMI) is currently trading at $99.07 per share. The company's volume for the day so far is 697,726 shares, 0.3 times the current three-month average.

CF Industries (NYSE:CF) has increased to a share price of $201.42, a 3% rise. The company's volume for the day so far is 401,855 shares.

After rising 2.7%, Polo Ralph Lauren (NYSE:RL) is currently trading at a share price of $155.52. So far today, 430,132 shares have changed hands, with trading activity in keeping with yesterday's.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. It is important to weigh current activity against historical performance when making any investment decisions. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

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