Corrections at Dow Jones: Kraft Foods, Home Depot and Cisco Systems

The Dow Jones Industrial Average jumped 0.52 percent or 69.07 to close at 13,323.36, however following stocks still remained lower despite bullish market.

Kraft Foods Inc. (KFT) declined 1.09% to close at $39.77 in yesterday’s session. The traded volume stood at 16.84M shares as compared to its average traded volume of 11.74M shares per day. Its dividend yield stands at 2.92 percent. The company’s total outstanding common stock accumulates up to 1.77B shares out of which 74% shares are held by different institutions.

The Home Depot, Inc. (HD) dropped 1.01% to close at $56.72. The traded volume stood at 7.49M shares as compared to its average traded volume of 8.08M shares per day. The share price’s market capitalization stood at $85.50B by the end of the trading session while its total outstanding shares accumulate up to 1.51B. Its dividend yield stands at 2.05 percent. The company’s total outstanding common stock accumulates up to 1.51B shares out of which 74% shares are held by different institutions.

Cisco Systems, Inc. (CSCO) slipped 0.57% to close at $19.04. The traded volume stood at 31.28M shares as compared to its average traded volume of 43.64M shares per day. The share price’s market capitalization stood at $101.99B by the end of the trading session while its total outstanding shares accumulate up to 5.36B. Its dividend yield stands at 2.94 percent.

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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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