Formula One Group, The Liberty SiriusXM Group, Terminix Global Holdings, Inc. and others reached higher-than-usual trading volumes.

A quick recap of where the last trading session ended: Markets completed a mixed session yesterday, as Nasdaq gained 0.4% and closed at 11,576. After dropping 0.18%, Dow Jones closed at 32,800.

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 sideways yesterday, several stocks were actively traded. Here's an update:

Liberty Media Formula One Series A | 1,244% higher than rolling average

Yesterday's trading volume was 4.80 million shares (surpassing the daily average by 1,244%).

The motorsport company reached a significant high of $67.47 around 6 days ago but has lost 4.7% since then.

Liberty Media A | 1,019% above rolling average

After closing the previous day at $29.7, the US media company dropped to $28.71, hitting its lowest point in 2 years. It later recovered 47.5 cents and is now trading at $29.19. After ending Tuesday at $29.7, Liberty Media A dropped to $28.71 early in yesterday's session and closed at $29.19. In total, it lost 1.72%.

Yesterday's trading volume peaked at 17.41 million shares, thereby blitzing the daily average of 1.71 million by 1,019%.

Terminix | 482% higher than rolling average

The pest control company traded as high as $46.98 before shedding 14.12% lower over the past six months. Trending downwards for around 5 months. Terminix has a market cap of $4.60 billion with an average daily volume of 5.37 million shares.

Terminix outpaced its average daily trading volume (5.37 million) with 25.88 million shares traded yesterday.

— Average trading volume refers to a 21-day rolling average.