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General Growth Properties, Cliffs Natural Resources Among Stocks Down on High Volume Friday

FOXBusiness

A few stocks are down on high volume today:

  • After trading at a volume of 20.4 million, or 2.7 its average daily volume, (NYSE:GGP) saw its price drop. Closing at $19.76, shares slipped 2.8%.
  • Trading at a volume of 6.5 million, or 1.5 its average daily volume, Cliffs Natural Resources (NYSE:CLF) was down on high volume today. The stock price declined 1.1%, closing at $38.89. The stock is down over the last three months, having fallen $11.99 (-23.6%) from $50.88 on May 30, 2012. The stock is trading at 89.7% of its 50-day moving average and 71.3% of its 200-day moving average.
  • Under Armour (NYSE:UA) was trading down on above-average volume with 1.8 million shares moving, or 1.6 its average daily volume. Shares fell 2.3% to $55.87. The stock is trading at 94.1% of its 50-day moving average and 68.8% of its 200-day moving average.
  • Nucor (NYSE:NUE) saw its price drop on above-normal volume today, as 2.5 million shares have changed hands or 1.5 times its average daily volume. With a closing price of $38.70, shares were down 1.1%. Share price is up, having risen $1.40 (3.8%) from $37.30 on July 26, 2012. The stock has moved down across its 50-day moving average of $39.09 today.
  • Telefonica Brasil (NYSE:VIV) was down on high volume after trading at a volume of 2.9 million, or 1.6 its average daily volume. With a closing price of $22.48, shares dropped 1.2%. Shares are down $2.18 (-8.8%) from a price of $24.66 on August 17, 2012. The stock is trading at 93.9% of its 50-day moving average and 86.1% of its 200-day moving average.
  • Trading with volume of 5.2 million, or 1.7 its average daily volume, Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) saw its price drop on above-normal volume. The stock price declined 1.5%, closing at $9.65. The stock has risen $1.03 (11.9%) over the last three months from a price of $8.62 on May 30, 2012. The stock is trading 3.8% above its 50-day moving average and 3.7% above its 200-day moving average.
  • After trading at a volume of 1.4 million, or 1.8 its average daily volume, (NASDAQ:TSLA) saw its price drop. Shares dropped 4% to $29.50. The stock has been on a downward trajectory over the last two months, falling $2.46 (-7.7%) from a price of $31.96 on June 27, 2012. The stock has moved down across its 50-day moving average of $30.03 today.
  • Trading at a volume of 973,197, or 2.2 its average daily volume, Koninklijke Philips Electronics (NYSE:PHG) was down on high volume today. Shares fell 1.3% to $22.80. Share price went up over the last three months, now up $5.12 (29%) from $17.68 on May 30, 2012. The stock is trading 5% above its 50-day moving average and 12% above its 200-day moving average.
  • Braskem (NYSE:BAK) was down on high volume, trading with volume of 778,753, or 1.6 its average daily volume. Closing at $13.74, shares dropped 2.1%. Share price is up $2.30 (20.1%) from $11.44 on July 26, 2012. The stock has moved down across its 200-day moving average of $13.92 today.