This morning has been rocky for the market. The Nasdaq has decreased 0.8%; the S&P 500 has slipped 0.2%; and the Dow is down 0.1%. The Nasdaq Composite Index is a capitalization-weighted index, with each company weighted in proportion to its market value.
The biggest movers traded on the NASDAQ so far are:
|Company||Market Cap||Percentage Change|
|Altisource Portfolio Solutions (Nasdaq:ASPS)||$2.45 billion||-9.6%|
|G-III Apparel (Nasdaq:GIII)||$679.9 million||-6.4%|
|Adobe (Nasdaq:ADBE)||$17.59 billion||+5.7%|
|Syntel (Nasdaq:SYNT)||$2.43 billion||-5.4%|
|Virgin Media (Nasdaq:VMED)||$9.42 billion||+4.8%|
|Qualcomm (Nasdaq:QCOM)||$106.94 billion||-4.5%|
|Sohu.com (Nasdaq:SOHU)||$1.55 billion||+4.5%|
Software Summary: Finviz.com Stock Screener
Falling 9.6%, Altisource Portfolio Solutions (Nasdaq:ASPS) is currently at a share price of $94.76. The company's volume for the day so far is 126,146 shares.
Slipping 6.4%, G-III Apparel (Nasdaq:GIII) is currently trading at $31.65 per share. With 329,624 shares changing hands so far today, the company's volume is 1.2 times its average over the past three months.
Adobe (Nasdaq:ADBE) is up 5.7% to reach a current price of $37.56 per share. So far today, 10.1 million shares of the company's stock have changed hands. Yesterday's volume was only 7.7 million shares.
Syntel (Nasdaq:SYNT) has fallen 5.4% and is currently trading at $54.79 per share. The company's volume is currently 60,580 shares for the day, 0.3 times its current daily average.
After rising 4.8%, Virgin Media (Nasdaq:VMED) is currently trading at a share price of $36.76. So far today, the company's volume is three million shares.
Qualcomm (Nasdaq:QCOM) is down 4.5% to reach $59.92 per share. The company's volume for the day so far is 17.7 million shares, 1.7 times its current three-month average.
Sohu.com (Nasdaq:SOHU) is currently trading at $42.70 per share, a 4.5% increase. The company's volume for the day so far is 396,138 shares. This is on pace to reach yesterday's trading volume of 711,738 shares.
The Bottom Line On any given day, a particular stock may see positive or negative change in its share price. It is important to weigh current activity against historical performance when making any investment decisions. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.