Top 5 Stocks Falling on Unusual Volume (FE, STRA, SWM, ECL, FLIR)
February 11, 2010 11:48 AM
The following lists of stocks being hit to the downside today are experiencing larger than normal volume to go with the downward momentum. FirstEnergy (Nasdaq: FE) shares are down now 5.74% on 2,180% times normal volume on reports that it would be acquiring Allegheny Energy (Read about the FirstEnergy deal here).
Strayer Education, Inc. (Nasdaq: STRA) is down 6.41% on 1,896% times normal volume. Shares of Strayer Education are hovering around 196.50 after they saw a weaker first quarter.
Schweitzer-Mauduit International Inc (NYSE: SWM) shares are slipping by 8.54% on 1,539% times normal volume. The shares are struggling to gain a footing on the day after Schweitzer broke through 64 dollars of share moments ago.
Ecolab Inc. (NYSE: ECL) has slipped 5.3% today on 913% normal volume. It looks like the shares of Ecolab Inc. are receiving pressure as profit was shy of street expectations, even though it rose 45%.
Also, FLIR Systems, Inc (Nasdaq: FLIR) is down over 7% after experience 911% normal volume. This comes after FLIR Systems announced a lower Q4 profit.
