Volume Leaders: DG, CRM, OKTA, HPQ, and more
U.S. stock market averages shifted higher on Thursday as investors digest the latest earnings data from Nvidia. While the Wall Street averages trade higher, some stocks specifically have noticed increased levels of volume and trading activity.
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 11:45 a.m. EST shares of Dollar General (NYSE:DG), Best Buy Company (BBY), Salesforce (NYSE:CRM), Okta Inc (NASDAQ:OKTA), HP Inc (NYSE:HPQ), and Affirm Holdings (AFRM) 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:
Dollar General (DG)
- Current volume of shares exchanged: 18.54M.
- Average daily volume of shares exchanged: 2.53M.
- Intraday Price action: -28.2%.
Best Buy Company (BBY)
- Current volume of shares exchanged: 7.31M.
- Average daily volume of shares exchanged: 3.37M.
- Intraday Price action: +15.3%.
Salesforce (CRM)
- Current volume of shares exchanged: 8.79M.
- Average daily volume of shares exchanged: 8.37M.
- Intraday Price action: +0.9%.
Okta Inc (OKTA)
- Current volume of shares exchanged: 8.14M.
- Average daily volume of shares exchanged: 1.77M.
- Intraday Price action: -16.5%.
HP Inc. (HPQ)
- Current volume of shares exchanged: 8.45M.
- Average daily volume of shares exchanged: 8.01M.
- Intraday Price action: +4.5%.
Affirm Holdings (AFRM)
- Current volume of shares exchanged: 35.42M.
- Average daily volume of shares exchanged: 6.87M.
- Intraday Price action: +34.1%.