Volume Leaders: CMG, SBUX, OXY, AMT, and more

On Tuesday, the major market averages have traded higher, but a handful of stocks within the financial landscape have noticed an above average level of interest, with their stock volumes noticeably higher.

For reference, high trade volumes directly reflects strong market participation in the stock, which can affect the underlying instrument’s liquidity, volatility, and potential price.

As of 12:00 p.m. EST shares of Chipotle Mexican Grill (NYSE:CMG), Starbucks Corporation (NASDAQ:SBUX), Occidental Petroleum Corporation (NYSE:OXY), American Tower Corporation (NYSE:AMT), and Sea Limited (SE) have all observed elevated trading volumes as compared to how they usually trade on a given day. See the below trade volume and price action for the above listed names:

Chipotle Mexican Grill (CMG)

• Current volume of shares exchanged: 64.42M.
• Average daily volume of shares exchanged: 17.82M.
• Intraday Price action: -9.4%.

Starbucks Corporation (SBUX)

• Current volume of shares exchanged: 103.12M.
• Average daily volume of shares exchanged: 11.94M.
• Intraday Price action: +20.7%.

Occidental Petroleum Corporation (OXY)

• Current volume of shares exchanged: 10.58M
• Average daily volume of shares exchanged: 7.35M
• Intraday Price action: -2.1%.

American Tower Corporation (AMT)

• Current volume of shares exchanged: 3.3M.
• Average daily volume of shares exchanged: 2.19M
• Intraday Price action: -1.2%.

Sea Limited (SE)

• Current volume of shares exchanged: 8.32M.
• Average daily volume of shares exchanged: 4.84M.
• Intraday Price action: +9.8%.