A number of NYSE companies trading under the 10.00 mark put together strong days of volume on Monday with the list including Advanced Micro Devices, Inc. (AMD), Alcatel Lucent (ALU), Sprint Nextel Corp. (S), Nokia Corp. (NOK), and Boston Scientific (BSX).
Advanced Micro Devices, Inc. (AMD) more than doubled their average trading volume on Monday, closing the day with more than 33.8 million shares moving hands as shares stopped at 6.89 when the final bell sounded. AMD, which operates as a semiconductor company in the United States, Japan, China, and Europe, is currently trading well below their 50-day moving average of 8.36 as well as their 200-day moving average of 7.96.
Alcatel Lucent (ALU) managed to nose past their trading volume average on Monday as they finished the day with just over 30 million shares exchanging hands with the share price closing at 5.21. ALU, which offers products, solutions, and transformation services that enable service providers, enterprises, governments, and strategic industries to deliver voice, data, and video communication services to end-users worldwide, still trail their 50-day moving average of 5.82 but remain ahead of their 200-day moving average of 4.24.
Sprint Nextel Corp. (S) may have been one of the most actively traded stocks on the NYSE on Monday but the company didn’t even see half their trading volume average on the day as they closed with 26.7 million shares moving with the closing price hitting 5.21. Sprint, which offers wireless and wireline communications products and services to consumers, businesses, and government users in the United States, Puerto Rico, and the U.S, remains just below their 50-day moving average of 5.23 but has stayed above their 200-day moving average of 4.60.
Nokia Corp. (NOK), much like Sprint, saw their trading volume slowed significantly on Monday as they wrapped up the day at 24.8 million, far below their 32.4 million average. Shares in NOK, which manufactures and sells mobile devices, and provides Internet and digital mapping and navigation services worldwide, closed at 5.85, falling further behind their 50-day moving average of 7.77 and their 200-day moving average of 8.95.
Boston Scientific (BSX) was one of the most actively traded NYSE companies on Monday yet their volume of 16.3 million failed to reach their trading volume average of 20.6 million and shares fell to 6.74 at the close. The company, which develops, manufactures, and markets medical devices used in various interventional medical specialties worldwide, is still trading below its 50-day moving average of 7.06 as well as its 200-day moving average of 6.86.