Bears dominated US stock markets on Wednesday as the Dow Jones index fell by 0.65% or 83.17 points to 12,653.12. S&P dropped by 0.81% or 10.99 Points to 1,341.47 while Nasdaq dropped 1% or 29.44 points to 2,902.33. The major falls of the day are as follows:
Alcoa, Inc. (AA) declined 4.11% to close at $8.40. Total of 57.15M shares were traded while on average the share price trades with volume figure of 20.91M 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. Alcoa, Inc. (AA) maintains the beta of 2.04 which depicts that the share price is likely to change by 2.04 times against 1 point change in market index. The company’s total outstanding common stock accumulates up to 1.07B shares out of which 58% shares are held by different institutions.
Caterpillar Inc. (CAT) dropped 3.45% in yesterday’s session. Total of 15.16M shares were traded while on average the share price trades with volume figure of 7.19M shares per day. The share price’s market capitalization stood at $52.38B by the end of the trading session while its total outstanding shares accumulate up to 652.50M. Caterpillar Inc. (CAT) maintains the beta of 1.85 which depicts that the share price is likely to change by 1.85 times against 1 point change in market index.
Intel Corporation (INTC) fell 2.33% to close at $25.56. Total of 47.24M shares were traded while on average the share price trades with volume figure of 34.47M shares per day. The company’s total outstanding common stock accumulates up to 5.03B billion out of which 5.03B billion shares are floated in the stock market. Intel Corporation (INTC) maintains the beta of 1.08 against 1 point change in market index.
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