DJIA Bears in Review: Alcoa, AT&T and Verizon

Bears were seen active on Wall Street on Thursday ahead of Easter as the Dow Jones ended 0.11 percent or 14.16 points lower to close the week at 13,060.14. Standard & Poor’s 500 index dropped 0.06 percent or 0.88 to 1,398.08 while the NASDAQ Composite index stood at 3,080.50. The top decliners of the day are as follows:

AT&T, Inc. (T) fell 0.61% to close at $30.94 in its last trading session. The traded volume stood at 21.47M shares as compared to its average traded volume of 29.06M shares per day. The company’s total outstanding common stock accumulates up to 5.93B billion out of which 5.92B billion shares are floated in the stock market. Insiders hold 0.03% of the total outstanding common stock while 81.40% of outstanding shares are held by different institutions.

Verizon Communications Inc. (VZ) declined 0.61% to close at $37.66 in its last trading session. The traded volume stood at 11.69M shares as compared to its average traded volume of 16.00M shares per day. Looking at its price history the share price has traded within the prices ranges of $32.28 to $40.48 in last one year.

Alcoa, Inc. (AA) plunged 1.83% to close at $9.63. The traded volume stood at 24.54M shares as compared to its average traded volume of 23.99M shares per day. The company’s total outstanding common stock accumulates up to 1.07B billion out of which 1.07B billion shares are floated in the stock market. Insiders hold 0.06% of the total outstanding common stock while 63.40% 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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