The Nasdaq has slipped 0.1%, the S&P 500 has been relatively flat and the Dow has declined 0.1% so far today. Formerly run as a private organization, the NYSE became a public entity in 2005 following the acquisition of electronic trading exchange Archipelago.
The biggest movers traded on the NYSE so far are:
|Company||Market Cap||Percentage Change|
|Titanium (NYSE:TIE)||$2.03 billion||+42%|
|Beazer Homes USA (NYSE:BZH)||$2.05 billion||-14.7%|
|EXACTTARGET INC COM (NYSE:ET)||$1.34 billion||-11.8%|
|JC Penney (NYSE:JCP)||$4.52 billion||-8.8%|
|NuStar Energy (NYSE:NS)||$3.28 billion||-6.7%|
|Sherwin-Williams (NYSE:SHW)||$14.52 billion||+6.1%|
|Precision Castparts (NYSE:PCP)||$24.9 billion||+5.8%|
Broker Summary: OptionsXpress Online Trading Platform
Titanium (NYSE:TIE) has soared 42% to reach a current price of $16.45 per share. The company's volume is currently 25.3 million shares. This is greater than yesterday's volume of 1.2 million shares.
Taking a 14.7% hit, Beazer Homes USA (NYSE:BZH) is currently trading at $14.19 per share. The company's volume is currently 3.4 million shares for the day, 1.9 times the current three-month average.
Shares of EXACTTARGET INC COM (NYSE:ET) are currently trading at $17.91, a steep decline of 11.8%. The company is currently trading a volume of 757,184 shares.
JC Penney (NYSE:JCP) is down 8.8% to reach $18.82 per share. The company's volume is currently 14 million shares for the day, 1.3 times the average daily volume.
NuStar Energy (NYSE:NS) has fallen 6.7% and is currently trading at $39.39 per share. The company is trading at a volume of 775,090 shares. Yesterday, volume was only 597,924 shares.
Sherwin-Williams (NYSE:SHW) is at $149.45 per share after an increase of 6.1%. At 1.3 million shares, the company's volume so far today is one times its average over the past three months.
Precision Castparts (NYSE:PCP) has increased to a share price of $181.20, a 5.8% rise. The company's volume for the day so far is 971,119 shares.
The Bottom Line The nature of the market is such that stocks will have good days and bad days. It is important to weigh current activity against historical performance when making any investment decisions. Tools like valuation ratios and profit margins, however, are only as useful as the context you put them in; remember to take historical data and competitor performance into account.