The following communication_services stocks experienced higher volumes than usual including Sea Limited American, Tremor International Ltd, The Liberty SiriusXM Group and others.
Here's an update with information from the last trading session: Leading equity indices in the US declined as Dow Jones slipped 1.72% and closed at 32,856. After dropping 1.53%, S&P 500 closed at 3,986.37.
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 communication_services stocks reached high volumes. Here is an update.
Sea Ltd | 805% higher than rolling average
Trading volume peaked at 50.85 million shares yesterday, thereby obliterating the daily average of 6.32 million by 805%.
The internet company has gained 70.1% since its lowest print of $40.92 earlier this year. Sea Ltd has posted further gains as part of a 7 day trend that has already seen the stock gain $5.73.
Sea Ltd | 805% higher than rolling average
Trading volume peaked at 50.85 million shares yesterday, thereby obliterating the daily average of 6.32 million by 805%.
The internet company has gained 70.1% since its lowest print of $40.92 earlier this year. Sea Ltd has posted further gains as part of a 7 day trend that has already seen the stock gain $5.73.
Sea Ltd | 805% higher than rolling average
Trading volume peaked at 50.85 million shares yesterday, thereby obliterating the daily average of 6.32 million by 805%.
The internet company has gained 70.1% since its lowest print of $40.92 earlier this year. Sea Ltd has posted further gains as part of a 7 day trend that has already seen the stock gain $5.73.
— Average trading volume refers to a 21-day rolling average.