Traders are flocking around STORE Capital Corporation and Duck Creek Technologies, Inc. and others; check out these real_estate stocks that are displaying higher than typical trading volumes.
What is happening with the market now? The leading indices were losing ground — Nasdaq drawing back 0.41% to 12,100. Dow Jones slipping 0.27% and closing at 33,900.
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 real_estate stocks are currently at high volumes. Here is an update.
STORE Capital Corporation | trading volume jumps 157% in busy day so far
A blockbuster trading session for STORE Capital Corporation, eclipsing its average daily volume by 157% and recording 4 million.
Duck Creek Technologies | eclipsing its average trading volume by 103%
It's been more of the same this session on the back of a month of flat trade, Today's session so far looks to be heading in a similar way — Duck Creek Technologies trades at $19, after ending yesterday at $19.
A hectic day for Duck Creek Technologies, surpassing its average daily volume by 103% to reach 1.87 million.
— Average trading volume refers to a 21-day rolling average.