Heavy Volume: Huntington Bancshares, Nokia and Ebay

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Stocks are undergoing heavy volume trading today include Huntington Bancshares Incorporated (NASDAQ:HBAN), Nokia Corporation (ADR) (NYSE:NOK), and eBay Inc. (NASDAQ:EBAY).  Read on for more information.

Huntington Bancshares Incorporated (NASDAQ:HBAN) are continuing their upward spiral as nearly 2X average daily volume has passed the floor today.  48M shares have been traded today versus the average daily volume of 26.6M.  Shares last checked in at $6.88 (+$0.28/+4.32%) and it seems the earnings report is helping the stock accelerate.

Nokia Corporation (ADR) (NYSE:NOK) dropped today like a rock trying to swim.  The bad news of earnings and estimate cuts have fueled a massive 6X average daily volume day (145M shares vs. 24M average) as shares are currently trading down -$2.03/-13.58% to $12.92 a share.

eBay Inc. (NASDAQ:EBAY) is likewise having a tough go for the day as 3X average daily volume has traded, 48M shares vs. 16.4M average.  Share price is down solid to $24.60 (-$1.69/-6.43%) as worries about market place growth are rattling the company’s investors.

 

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