Markets edging higher with these 3 stocks exhibiting stellar volumes

The highest volumes today go to: Abiomed, Smith & Nephew plc, Certara, Inc..

A short overview of the current market situation: Markets are up as Dow Jones goes up 0.67%, trading at 32,461. S&P 500 up 0.77%, trading at 3,982.

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 up yesterday, some healthcare stocks have high volumes. Take a look.

Abiomed | trading volume jumps 506% in busy day so far

A hectic day for Abiomed, surpassing its average daily volume by 506% to reach 15.70 million.

Smith & Nephew SNATS | 763,335 traded volume so far today exceeding the daily average by 112%

Currently, the medical equipment manufacturer has a market capitalization of $12.46 billion with an average daily volume of 684,066 shares.

Smith & Nephew SNATS is having an eventful day so far, currently at 763,335 and outpacing its average daily volume by 112%.

Certara | 768,655 traded volume so far today exceeding the daily average by 104%

Certara is currently trading with a market cap of $3.82 billion with an average daily trading volume of 736,998 shares.

A blockbuster trading session for Certara, eclipsing its average daily volume by 104% and recording 768,655.

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