3 stocks are currently experiencing heavy trading volumes

Published: January 25 2023, 20:40 GMT+0

3 stocks are currently experiencing heavy trading volumes

The highest volumes today go to: Terminix Global Holdings, Inc., Enel Américas S.A., Abiomed.

What is happening with the market now? Markets are currently flat. Nasdaq drawing back 0.26% to 11,300. S&P 500 trades at 4,012.77 with no major change.

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.

Terminix | 25.88 million traded volume so far today exceeding the daily average by 482%

A hectic day for Terminix Global Holdings, Inc., surpassing its average daily volume by 482% to reach 25.88 million.

The residential and commercial pest control provider has fallen back around 19% over the past 8 months, from a notable high of $46.98. On a negative trend for around 3 months. Terminix has been losing ground for 19 days, shedding a total of 7.59% of its value.

Enel Americas | 32.43 million traded volume so far today exceeding the daily average by 3,026%

After having ended yesterday at $5.05, Enel Americas is down to $4.81 today. Overall, a 4.75% move or 24 cents.

A blockbuster trading session for Enel Americas, eclipsing its average daily volume by 3,026% and recording 32.43 million.

Abiomed | 15.70 million traded volume so far today exceeding the daily average by 506%

Abiomed is currently trading with a market cap of $17.18 billion with an average daily trading volume of 3.10 million shares.

Abiomed is having an eventful day so far, currently at 15.70 million and outpacing its average daily volume by 506%.

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

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