Starbucks Corporation, Seagate Technology Among Stocks Down on Above-average Volume Tuesday

A few stocks are down on high volume today:

• Starbucks Corporation (NASDAQ:SBUX) was trading down on above-average volume with 14.9 million shares moving, or 1.6 its average daily volume. With a closing price of $58.66, shares were off 1.7%. Share price is up, having risen $5.45 (10.2%) from $53.21 on March 16, 2012. The stock is trading 7.6% above its 50-day moving average and 19.2% above its 200-day moving average.

• After trading at a volume of 20 million, or 1.6 its average daily volume, (NASDAQ:STX) saw its price drop. Closing at $27.89, shares were down 2.2%. The stock has dropped a step closer to its 50-day moving average, sitting just 2.8% above the mark.

• Illumina (NASDAQ:ILMN) was down on high volume after trading at a volume of 7.2 million, or 1.6 its average daily volume. Closing at $44, shares dropped 2.2%. Shares have been on on the rise over the past three months, climbing $5.93 (11.9%) from a price of $49.93 on March 16, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 2.7% above the mark.

• InterOil Corporation (NYSE:IOC) traded on a volume of 1.4 million, or 1.6 its average daily volume, but its price was down. Shares were down 2.2% to $54.11. Shares are down over the last two months as the price has dropped $12.51 (-18.8%) from a price of $66.62 on February 16, 2012. The stock is trading at 93.6% of its 50-day moving average and 94.7% of its 200-day moving average.

• CARBO Ceramics (NYSE:CRR) experienced a price drop on above-average volume today, with 703,416 shares, or 1.5 its average daily volume, changing hands. With a closing price of $88.80, shares dropped 2%. The stock has fallen over the last three months, dropping $39.45 (-30.8%) from $128.25 on January 19, 2012. The stock is trading at 90% of its 50-day moving average and 76.6% of its 200-day moving average.

• After trading at a volume of 1.6 million, or two its average daily volume, (NYSE:TSU) saw its price drop. With a closing price of $30.69, shares were down 2.6%. Share price rose over the last three months, now up $2.70 (9.6%) from $27.99 on January 19, 2012. The stock is trading 7.7% above its 200-day moving average.

• Mechel OAO (NYSE:MTL) was down on high volume, trading with volume of 4.6 million, or 1.7 its average daily volume. Shares dropped 2.3% to $8.93. Over the last month, the share price has dropped $1.95 (-17.9%) from $10.88 on March 16, 2012. The stock is trading at 90.4% of its 50-day moving average and 80.8% of its 200-day moving average.

• Trading with volume of 2.5 million, or 2.6 its average daily volume, KT Corporation (NYSE:KT) saw its price drop on above-normal volume. The stock price dropped 1% to $13.23. Over the last three months, the stock has lost $1.65 (-11.1%) from a price of $14.88 on January 19, 2012. The stock is trading at 94.3% of its 50-day moving average and 87.2% of its 200-day moving average.

• Equity Lifestyle Properties (NYSE:ELS) saw its price drop on above-normal volume today, as 490,831 shares have changed hands or 1.8 times its average daily volume. At $67.18, the stock price has fallen 1.2%. The stock is down over the last two months, having fallen $1.82 (-2.6%) from a price of $69 on February 16, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 1.1% above the mark.