The following large cap and over stocks experienced higher volumes than usual including Duke Realty Corp, Activision Blizzard, Sociedad Química y Minera de Chile S.A. and others.
A quick recap of where the last trading session ended: Markets completed a mixed session today, as Dow Jones closed the day at 34,347, having gained 0.45%. Nasdaq closed at 11,226, a 0.52% change.
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 today, several large cap and over stocks were actively traded. Here's an update:
Duke Realty opened at $48.5 today before posting solid session gaining 0.48%
Duke Realty Corp rose 23 cents to close at $48.2 today which makes for a move of 0.48%.
Blizzard | 156% above rolling average Blizzard closed at $73.47 after suffering its largest single-day drop of $3.12 since Jan 6
Blizzard outpaced its average daily trading volume (5.89 million) with 9.17 million shares traded today. Early in today'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%.
The gaming company has recovered 33.71% since descending to a significant low of $57.28 around 11 months ago. So far in 2022 it has been beating the Nasdaq by 54.42%. Blizzard's market cap currently stands at $57.50 billion with an average daily trading volume of 5.89 million shares. Blizzard last reported revenue of $1.78 billion with an EPS of 58 cents.
Sociedad Quimica y Minera | 135% higher than rolling average Sociedad Quimica y Minera suffers weak session with 6.8% loss; downside halted at $91.48
Today's trading volume peaked at 2.37 million shares, thereby blitzing the daily average of 1.75 million by 135%. After ending Wednesday at $99.38, Sociedad Quimica y Minera declined to $91.48 today before closing at $92.62, thereby losing 6.8% in total.
— Average trading volume refers to a 21-day rolling average.