Take a look at the following large cap and over stocks that showed higher volumes than usual: Duke Realty Corp, Activision Blizzard, Sociedad Química y Minera de Chile S.A..
Here's an update with information from the last trading session: Markets completed a mixed session Friday, as Dow Jones ended the session at 34,347 after a 0.45% gain. Nasdaq slipped 0.52% and closed at 11,226.
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 sideways Friday, several large cap and over stocks were actively traded. Here's an update:
Duke Realty opened at $48.5 Friday before posting solid session gaining 0.48%
Duke Realty Corp increases 0.48% to close at $48.2 Friday.
The US-based industrial REIT is now trading 20.72% below its 3-month high of $65.64. So far in 2022, it has been doing worse than the S&P by 6.3%. Duke Realty's market cap currently stands at $18.56 billion Duke Realty's last revenue report was $280.15 million with an EPS of 27 cents.
Blizzard | 152% higher than rolling average Blizzard suffers largest single-day drop since Jan 6
With 9.17 million shares traded Friday, Blizzard beat its daily average by 152% to cap off a frenetic trading day. Early in Friday's session, Blizzard dropped to $73.05 from $76.59 at the end of Wednesday, before closing at $73.47. During the session, it lost 4.07%.
Sociedad Quimica y Minera | 137% above rolling average Bearish mood pushes Sociedad Quimica y Minera to session low of $91.48
Trading volume peaked at 2.45 million shares Friday, thereby obliterating the daily average of 1.78 million by 137%. Early in Friday's session, Sociedad Quimica y Minera dropped to $91.48 from $99.38 at the end of Wednesday, before closing at $92.62. During the session, it lost 6.8%.
— Average trading volume refers to a 21-day rolling average.