| 
April 03, 2023
The highest volumes today go to: World Wrestling Entertainment, Inc. and Shaw Communications Inc..
A quick recap: Markets are mixed with Dow Jones up to 33,500, gaining 0.71%. Nasdaq trades at 12,135 after losing 0.71%.
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 flat Friday, some communication_services stocks are at high volumes. Check them out.
World Wrestling Entertainment | 5.46 million traded volume so far today exceeding the daily average by 616%
World Wrestling Entertainment, Inc. is having an eventful day so far, currently at 5.46 million and outpacing its average daily volume by 616%.
The past 3 months have been positive for the professional wrestling entertainment company as it added 33.07% compared to its 3-month low of $55.51.
World Wrestling Entertainment discloses 12 cents per share dividend to be paid on Tuesday, December 27th
Shaw Communications | 1.13 million traded volume so far today exceeding the daily average by 106%
Shaw Communications ended Friday at $29.91, climbs to $30 today and is currently trading at $30.14. Shaw Communications has posted further gains as part of a 4 day trend that has already seen the stock gain $1.58. As the session continues, it seems to maintain one direction — after ending Friday at $29.91, Shaw Communications ascended as high as $30.14 before meeting resistance. Undeterred, Shaw Communications posted a fresh rally late in the trading session targeting $30.14.
Shaw Communications is having an eventful day so far, currently at 1.13 million and outpacing its average daily volume by 106%.
— Average trading volume refers to a 21-day rolling average.
