New York 8/5/2011 1:23:38 AM
Transportation Stocks Going Downhill, TRMD, FRO, NM, TAM, LUV Reports Investmentblog.biz
Torm A/S (ADR) (TRMD) got clobbered by 6.54%, falling to $3.0 per share. The move occured on volume of 19,757 which is relative to the 6,455 shares which trade on average each day. This high volume usually confirms the trend in the movement of the stock price.
Shares of Frontline Ltd. (USA) (FRO) dropped sharply by 11.04%, falling to $8.46 in today's trading. Stock volume in Frontline Ltd. (USA) was 1 million shares in the trading session.
Navios Maritime Hldgs (NM) dropped sharply by 7.71%, falling to $3.59 in today's trading. Shares of NM have so far hit a 52-week high of $6.29 per share and a 52-week low of $3.72.
TAM S.A. (ADR) (TAM) dropped sharply by 9.68%, falling to $16.99 in today's trading. The move occured on volume of 859,060 which is relative to the 698,214 shares which trade on average each day. This high volume usually confirms the trend in the movement of the stock price.
Shares of Southwest Airlines Co. (LUV) dropped sharply by 7.46%, falling to $8.93 in today's trading. The move occured on volume of 8 million which is relative to the 8 million shares which trade on average each day. This high volume usually confirms the trend in the movement of the stock price.