3 stocks endured heavy volumes amid market jump today

Following today's heightened trading volumes, Terminix Global Holdings, Inc., Enel Américas S.A., Umpqua Holdings Corporation were the standout stocks.

Today's session summary: Leading equity indices in the US rose as Nasdaq gained 2.19% and closed at 12,976. S&P 500 ended the session at 4,205.45 after a 1.3% gain.

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.

Price action was mostly bullish today with some stocks recording abnormally high trading volumes. Here's a recap:

Terminix | 482% higher than rolling average

Terminix Global Holdings, Inc. outpaced its average daily trading volume (5.37 million) with 25.88 million shares traded today.

The residential and commercial pest control provider has fallen back around 16.64% over the past 9 months, from a notable high of $45.66. On a negative trend for around 7 months. Terminix's bearish run has lasted 19 days so far (-$2.92).

Enel Americas | 3,026% above rolling average

Today's trading volume peaked at 32.43 million shares, thereby blitzing the daily average of 1 million by 3,026%.

Enel Americas hit a significant low of $3.88 around 10 months ago, but has since recovered 30.15%.

Umpqua Holdings Corporation | 1,000% above rolling average

Having lost $1.91 over 16 days, With a marginal improvement upon today's session, Umpqua Bank moves 0% to close at $17.66 today.

Trading volume was 24.81 million shares today — beating the daily average by a mammoth 1,000%.

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