The highest volumes today go to: Terminix Global Holdings, Inc., Enel Américas S.A., Abiomed.
A quick recap: The leading indices are climbing up — Nasdaq goes up 1.36%, trading at 11,878. Dow Jones up to 34,166, gaining 0.88%.
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 up Friday, some stocks have high volumes. Take a look.
Terminix | 25.88 million traded volume so far today exceeding the daily average by 482%
The pest control company has shed 15.12% over the past six months. Trending downwards for around 4 months. Terminix is currently trading with a market cap of $4.60 billion with an average daily volume of 5.37 million shares.
Terminix is having an eventful day so far, currently at 25.88 million and outpacing its average daily volume by 482%.
Enel Americas | trading volume jumps 3,026% in busy day so far
A blockbuster trading session for Enel Americas, eclipsing its average daily volume by 3,026% and recording 32.43 million.
The electric energy company has recovered 30.15% since descending to a significant low of $3.88 around 7 months ago.
Abiomed | currently blitzing its average daily volume by 506%
A hectic day for Abiomed, surpassing its average daily volume by 506% to reach 15.70 million.
— Average trading volume refers to a 21-day rolling average.