Volume Leaders: PDD, XPEV, SEDG, and more

U.S. stock market averages traded mixed on Monday as traders and investors watched the Dow (DJI) tag an intraday all-time trading high. While the Wall Street averages were mixed, 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 PDD Holdings (NASDAQ:PDD), Xpeng Inc (XPEV), Alibaba Group (NYSE:BABA), Solaredge Tech (NASDAQ:SEDG), and Cava Group (NYSE:CAVA) 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:

PDD Holdings (PDD)

• Current volume of shares exchanged: 69.58M.
• Average daily volume of shares exchanged: 7.25M.
• Intraday Price action: -29.8%.

Xpeng Inc (XPEV)

• Current volume of shares exchanged: 13.62M.
• Average daily volume of shares exchanged: 10.36M.
• Intraday Price action: +8.5%.

Alibaba Group (BABA)

• Current volume of shares exchanged: 19.31M.
• Average daily volume of shares exchanged: 13.09M.
• Intraday Price action: -4.7%.

Solaredge Tech (SEDG)

• Current volume of shares exchanged: 5.11M.
• Average daily volume of shares exchanged: 4.51M.
• Intraday Price action: -8.8%.

Cava Group (CAVA)

• Current volume of shares exchanged: 4.90M.
• Average daily volume of shares exchanged: 3.46M.
• Intraday Price action: +4.5%.