Discover the highest volume stocks in today's falling market

The highest volumes today go to: HollyFrontier Corp, Cabot Oil & Gas Corp, Continental Resources, Inc..

A short overview of the current market situation: The leading indices are falling — S&P 500 slipping 0.28% and closing at 3,986. Nasdaq trades at 11,458 after losing 0.3%.

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 energy stocks are currently at high volumes. Here is an update.

HollyFrontier | 4.78 million traded volume so far today exceeding the daily average by 119%

Having set a significant low of $29.34 11 months ago, the petroleum refineries company is trading 21.61% higher. The stock has been trending positively for about 11 months. With an average daily volume of 4 million shares.

A hectic day for HollyFrontier, surpassing its average daily volume by 119% to reach 4.78 million.

Cabot Oil & Gas Corp | eclipsing its average trading volume by 219%

A blockbuster trading session for Cabot Oil & Gas Corp, eclipsing its average daily volume by 219% and recording 18.76 million.

Continental Resources trades at $74.27, after ending yesterday at $74.24.

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