Volume Sell-Off: AMD, Ebay and National Bank of Greece (NYSE:AMD),(NASDAQ:EBAY),(NYSE:NBG)
Stocks that sold off on heavy volume include Advanced Micro Devices, Inc. (NYSE:AMD), eBay Inc. (NASDAQ:EBAY) and National Bank of Greece (ADR) (NYSE:NBG). Read on for more details.
With just under an hour left in trading today, Advanced Micro Devices, Inc. (NYSE:AMD) sold off to $8.64 a share, down -$0.65 (-7.05%) from the previous close on volume that is 2X average daily. 39.5M shares have already traded today versus the 20M average daily. It seems to be a broad market sell off on Greece fears.
eBay Inc. (NASDAQ:EBAY) has also shed some stock weight today as 30M shares have traded, quickly approaching 2X the average daily volume of 12M. Shares last checked in at $23.00 each (-$0.91/-3.79%). News of April sales concerns may be driving the slide.
Well if you have heard by now, Greece is in a little trouble, and National Bank of Greece (ADR) (NYSE:NBG) is suffering as well. Over 23M shares have already traded hands, up over 2X average daily volume of 10M shares. Shares tumbled -$0.38 to $2.82 (-11.88%) at last glance. The debt fears continue to pummel this stock.
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