Heavy Volume: Wells Fargo (NYSE:WFC), MGIC Investments (NYSE:MTG) and KeyCorp (NYSE:KEY)
Today’s heavy volume stocks include Wells Fargo & Company (NYSE:WFC), MGIC Investment Corp. (NYSE:MTG) and KeyCorp (NYSE:KEY). Read on for more information.
Wells Fargo & Company (NYSE:WFC) is having a bit of tough day on heavy volume as 82M shares passed on the floor today, over 2X average daily volume of 38M. Shares are down today to $32.58 (-$1.11/-3.29%) even after posting a profit.
MGIC Investment Corp. (NYSE:MTG) is showing explosive volume today of 78M shares, 11X average daily volume of 7M. But, don’t get too excited folks; it is only the result of a new stock offering that is fueling the volume. Shares check in last at $11.48 (+$0.42/3.80%).
KeyCorp (NYSE:KEY) is making its mark today as current day’s volume is at 68M shares traded, which is 3X average daily volume of 21M shares. Last trade was $8.98 (+$0.40/4.66%) for the stock and it seems the earnings are helping bolster price and volume today.