Western Digital and Other Nasdaq Stocks Making Big Moves on December 5, 2012

By Investopedia Staff | December 04, 2012 AAA

After this morning's trading, the Nasdaq has declined 1%, the S&P 500 is down 0.1% and the Dow has risen 0.2%. The Nasdaq Composite Index represents all the stocks that trade on the Nasdaq stock market.

The biggest movers traded on the NASDAQ so far are:

Company Market Cap Percentage Change
Tibco Software (Nasdaq:TIBX) $4.04 billion -21.6%
Mattress (Nasdaq:MFRM) $1.02 billion -21.2%
National (Nasdaq:FIZZ) $819.9 million -15.5%
Select (Nasdaq:SCSS) $1.55 billion -9.7%
Western Digital (Nasdaq:WDC) $8.18 billion +6.4%
Energy (Nasdaq:EXXI) $2.49 billion +5.6%
Medidata Solutions (Nasdaq:MDSO) $975.8 million +3.9%

Broker Summary: Fidelity Online Brokerage

Shares of Tibco Software (Nasdaq:TIBX) are currently trading at $19.38, a steep decline of 21.6%. The company's volume for the day so far is 11.4 million shares. This is 5.7 times its current three-month average.

Mattress (Nasdaq:MFRM) is currently trading at $23.90 per share, after a steep drop of 21.2%. The company is currently trading a volume of 2.3 million shares.

After a precipitous drop of 15.5%, National (Nasdaq:FIZZ) is now trading at a share price of $14.97. So far today, 150,191 shares have changed hands,.

Slipping 9.7%, Select (Nasdaq:SCSS) is currently trading at $24.99 per share. The company's volume for the morning is two million shares. This is three times the average daily volume.

After an increase of 6.4%, Western Digital (Nasdaq:WDC) has reached a current price of $35.74. With 4.2 million shares changing hands so far today, the company's volume is 1.2 times its current three-month average.

Energy (Nasdaq:EXXI) has risen 5.6% and is currently trading at $33.10 per share. So far today, the company's volume is 1.9 million shares.

Increasing 3.9%, Medidata Solutions (Nasdaq:MDSO) is trading at $39.13 per share. The company's volume is currently 174,897 shares for the day, while it was 738,098 shares yesterday.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. Paying close attention to the previous ratios will help you identify key times to adjust your strategy. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

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