The highest volumes today go to: Duke Realty Corp, Shaw Communications Inc., Abiomed.
Here's the most recent update: The leading indices are dropping — S&P 500 slipping 0.67% and closing at 3,823.42. Dow Jones drawing back 0.55% to 33,037.
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.
Though trading was down yesterday, some large cap and over stocks are currently at high volumes. Here is an update.
Currently up 23 cents today, Duke Realty Corp is on course to break its 19-day losing run. Having set a significant high of $65.64 11 months ago, the US-based industrial REIT is trading 26.92% lower. Pointing downwards for around 3 months. The company's market cap currently stands at $18.56 billion
Shaw Communications | beating its average daily volume by 1,029%
Shaw Communications is having an eventful day so far, currently at 6.18 million and outpacing its average daily volume by 1,029%.
Having set a significant low of $24 2 months ago, the Canadian telecoms provider is trading 10% higher. The stock has been trending positively for about 2 months.
Shaw Communications discloses 7.67 cents per share dividend to be paid on 2022-12-29T00:00:00
Abiomed | 15.70 million traded volume so far today exceeding the daily average by 793%
A blockbuster trading session for Abiomed, eclipsing its average daily volume by 793% and recording 15.70 million.
The past 3 months have been positive for the medtech company as it added 53.04% compared to its 3-month low of $224.73. The stock has been trending positively for about 3 months.
— Average trading volume refers to a 21-day rolling average.