Bank of America, Microsoft and Intel Hit the Day with Highest Volumes

Negative sentiment dominated the Wall Street on Tuesday however following stocks traded with highest volume numbers.

Bank of America Corporation (BAC) fell 1.92% to close at $8.93. Total of 146.43M shares were traded while on average the share price trades with volume figure of 139.24M shares per day. The company’s total outstanding common stock accumulates up to 10.78B billion out of which 10.77B billion shares are floated in the stock market. Insiders hold 0.00% of the total outstanding common stock while 53.40% of outstanding shares are held by different institutions. Bank of America Corporation (BAC) maintains the beta of 2.31 which depicts that the share price is likely to change by 2.31 times against 1 point change in market index.

Microsoft Corporation (MSFT) fell 1.27% to close at $30.39 in its last trading session. Total of 54.26M shares were traded while on average the share price trades with volume figure of 37.10M shares per day. The company’s total outstanding common stock accumulates up to 8.38B billion out of which 7.58B billion shares are floated in the stock market. Insiders hold 9.73% of the total outstanding common stock while 67.10% of outstanding shares are held by different institutions.

Intel Corporation (INTC) fell 1.14% to close at $22.53 in its last trading session. Total of 49.51M shares were traded while on average the share price trades with volume figure of 42.39M shares per day. The company’s total outstanding common stock accumulates up to 5.00B billion out of which 5.00B billion shares are floated in the stock market. Insiders hold 0.04% of the total outstanding common stock while 62.40% of outstanding shares are held by different institutions.

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Rehan Khan

About Rehan Khan

Rehan Khan has been involved in the financial sector for last 6 years. During that time he has been associated with many financial institutions, banks and brokerages. Rehan is also a graduate in finance and has been writing for last 2 years for various web publications, specializing in US stock markets, penny stocks, forex and commodities.

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