Duke Realty Corp, CrowdStrike Holdings, Inc., Thomson Reuters Corporation and others reached higher-than-usual trading volumes.
Yesterday's session summary: Leading equity indices in the US declined as Nasdaq closed at 10,984, a 0.59% change. S&P 500 shed 0.16% and closed at 3,957.63.
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 reached high volumes. Here is an update.
Duke Realty opened at $48.5 yesterday before posting solid session gaining 0.48%
Duke Realty Corp rose 23 cents to close at $48.2 yesterday which makes for a move of 0.48%.
CrowdStrike | 280% above rolling average Yesterday's slide leaves CrowdStrike traders hoping for a bounce
With 10.55 million shares traded yesterday, CrowdStrike beat its daily average by 280% to cap off a frenetic trading day. An influx of sellers pushed the US software company to end the session lower around $138, while establishing a $136.25 to $140.19 session range yesterday.
Having set a significant high of $239.86 21 days ago, the US software company is trading 13.97% lower. The company's market cap is $29.65 billion with an average daily volume of 3.76 million shares.
Reuters | 208% above rolling average Bearish Reuters declines $2.58 (2.22%)
Reuters outpaced its average daily trading volume (609,937) with 1.27 million shares traded yesterday. After ending Monday at $116.08, Reuters dropped to $112.31 early in yesterday's session and closed at $113.5. In total, it lost 2.22%.
— Average trading volume refers to a 21-day rolling average.