Heavy Volume: Wells Fargo (NYSE:WFC), MGIC Investments (NYSE:MTG) and KeyCorp (NYSE:KEY)

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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.

WFCWells 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.

 

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