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May 16, 2023
The following stocks (Terminix Global Holdings, Inc., Enel Américas S.A., Umpqua Holdings Corporation) are reaching higher-than-usual volumes.
A short overview of the current market situation: The leading indices are slipping — Dow Jones trades at 33,100 after losing 0.73%. S&P 500 drawing back 0.43% to 4,118.49.
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 stocks are currently at high volumes. Here is an update.
Terminix | 25.88 million traded volume so far today exceeding the daily average by 482%
Terminix Global Holdings, Inc. is down to $37.87, after ending yesterday at $38.06. Overall, a 0.5% loss or 19 cents today.
A blockbuster trading session for Terminix, eclipsing its average daily volume by 482% and recording 25.88 million.
Enel Americas | trading volume soars by 3,026%
Enel Americas is down to $4.81, after ending yesterday at $5.05. Overall, a 4.75% loss or 24 cents today.
A hectic day for Enel Americas, surpassing its average daily volume by 3,026% to reach 32.43 million.
Umpqua Holdings Corporation | eclipsing its average trading volume by 1,000%
Umpqua Bank trades at $17.66, after ending yesterday at $17.66.
A hectic day for Umpqua Holdings Corporation, surpassing its average daily volume by 1,000% to reach 24.81 million.
— Average trading volume refers to a 21-day rolling average.
