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Wal-Mart and Other Big Movers In Services on October 10, 2012
The Nasdaq has moved little, the S&P 500 has decreased 0.2% and the Dow has slipped 0.5% after the morning's trading.
While the market overall has shown little change, the Services sector (IYC) is up 0.5% and its current biggest movers are:
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Increasing 8.4%, Yum (NYSE:YUM) is trading at $71.57 per share. The company's volume for the day so far is 11.7 million shares. This is 3.4 times its current daily average. If a stock price makes a big move up or down, volume lets us know the significance of that move.
Slipping 6.9%, Yelp (NYSE:YELP) is currently trading at $25.55 per share. So far today, the company's volume is 617,904 shares, 0.7 times its average over the past three months. 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.
Aruba Networks (Nasdaq:ARUN) is currently trading at a share price of $19.11, a 5.2% decline. So far today, the company's volume is 2.2 million shares. In technical analysis, trading volume is used to determine the strength of a market indicator.
At $16.73, H&R Block (NYSE:HRB) has slipped 5.1%. At 4.8 million shares, the company's volume so far today is above yesterday's volume of 2.4 million shares. The trading volume for a stock indicates the level of investor interest.
Costco (Nasdaq:COST) has moved up 4.4% and is currently trading at $104 per share. The company's volume for the morning is 2.8 million shares. This is 1.6 times its average daily volume. High volume indicates a lot of investor interest while low volume indicates the opposite.
Dollar Tree (Nasdaq:DLTR) is currently trading at $47.49 per share, a 3.7% increase. The company's volume for the day so far is 1.8 million shares, 0.8 times the average volume over the last three months. When a stock price moves up or down, watching the volume is a good way of identifying how significant that shift is.
Wal-Mart (NYSE:WMT) is up 2.8% to reach a current price of $76.20 per share. The company is currently trading a volume of 6.7 million shares. A stock's volume conveys how excited investors are about it.
The Bottom Line On any given day, a particular stock may see positive or negative change in its share price. Daily stock performance should be weighed against historical performance and put in context of the market overall. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.
While the market overall has shown little change, the Services sector (IYC) is up 0.5% and its current biggest movers are:
| Company | Market Cap | Percentage Change |
| Yum (NYSE:YUM) | $30.1 billion | +8.4% |
| Yelp (NYSE:YELP) | $1.68 billion | -6.9% |
| Aruba Networks (Nasdaq:ARUN) | $2.26 billion | -5.2% |
| H&R Block (NYSE:HRB) | $4.78 billion | -5.1% |
| Costco (Nasdaq:COST) | $43.08 billion | +4.4% |
| Dollar Tree (Nasdaq:DLTR) | $10.55 billion | +3.7% |
| Wal-Mart (NYSE:WMT) | $249.22 billion | +2.8% |
Increasing 8.4%, Yum (NYSE:YUM) is trading at $71.57 per share. The company's volume for the day so far is 11.7 million shares. This is 3.4 times its current daily average. If a stock price makes a big move up or down, volume lets us know the significance of that move.
Slipping 6.9%, Yelp (NYSE:YELP) is currently trading at $25.55 per share. So far today, the company's volume is 617,904 shares, 0.7 times its average over the past three months. 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.
Aruba Networks (Nasdaq:ARUN) is currently trading at a share price of $19.11, a 5.2% decline. So far today, the company's volume is 2.2 million shares. In technical analysis, trading volume is used to determine the strength of a market indicator.
Costco (Nasdaq:COST) has moved up 4.4% and is currently trading at $104 per share. The company's volume for the morning is 2.8 million shares. This is 1.6 times its average daily volume. High volume indicates a lot of investor interest while low volume indicates the opposite.
Dollar Tree (Nasdaq:DLTR) is currently trading at $47.49 per share, a 3.7% increase. The company's volume for the day so far is 1.8 million shares, 0.8 times the average volume over the last three months. When a stock price moves up or down, watching the volume is a good way of identifying how significant that shift is.
Wal-Mart (NYSE:WMT) is up 2.8% to reach a current price of $76.20 per share. The company is currently trading a volume of 6.7 million shares. A stock's volume conveys how excited investors are about it.
The Bottom Line On any given day, a particular stock may see positive or negative change in its share price. Daily stock performance should be weighed against historical performance and put in context of the market overall. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.
by
Investopedia Staff
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