The highest volumes today go to: Cerner Corp, Iovance Biotherapeutics, Inc., West Pharmaceutical Services, Inc..
A short overview of the current market situation: Markets are mixed with Nasdaq trades at 11,100 after losing 0.46%. Dow Jones goes up 0.24%, trading at 33,627.
Why trading volume matters?
Trading volume is simply the total number of shares traded including both buy and sell orders. If a stock has appreciated on high volume, it is more likely to be a sustained move compared to an appreciation with low volume. Typically, high volume trading sessions are considered significant occurrences and closely watched by traders.
While trading was mostly flat yesterday, some health care stocks are at high volumes. Check them out.
38.20 million traded volume exceeded the daily average by 777%: Stagnant Cerner mostly flat, trades at $94.92
A hectic day for Cerner Corp, surpassing its average daily volume by 777% to reach 38.20 million. It's been more of the same this session on the back of a month of flat trade, today's session so far looks to be heading in a similar way — Cerner trades at $94.92, after ending yesterday at $94.92.
8.74 million traded volume exceeded the daily average by 345%: Iovance Biotherapeutics currently down 8.8% prior to afternoon session
Iovance Biotherapeutics is having an eventful day so far, currently at 8.74 million and outpacing its average daily volume by 345%. In the last 5 days, Iovance Biotherapeutics has lost a total of 27.08% of its value. similar trend today: tough session sees Iovance Biotherapeutics shedding 8.8% in early trade
Iovance Biotherapeutics is now trading 44.49% below its 3-month high of $20.16. The company's market cap is $1 billion with an average daily volume of 2.53 million shares.
West Pharmaceutical Services goes up 0.62% after trading as low as $219.24 West Pharmaceutical Services is showing signs of life, up to $223.31 (0.62%)
A 3 day downtrend is ongoing for West Pharmaceutical Services. today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. After closing at $221.93 yesterday, West Pharmaceutical Services began today at $226 with significant bullish sentiment driving West Pharmaceutical Services's price action higher. So far today, price action has drawn out a distinct $219.24 to $226 range.
— Average trading volume refers to a 21-day rolling average.