C, LINTA, MUR, DPZ, ITMN Had Unusual Volume

We have found the following stocks had unusual volume spikes on Tuesday, October 16, 2012.

Citigroup Inc. (NYSE:C) had a 71.1% volume spike trading 127,417,504 shares. C’s 30-day average volume is 36,882,700. Shares closed at $37.25 +7.19%. Citigroup Inc. is a global financial services holding company provides a range of financial products and services, including consumer banking, credit cards, corporate and investment banking, securities brokerage and wealth management.

Liberty Media Corp. (NASDAQ:LINTA) had a 73.9% volume spike trading 10,089,000 shares. LINTA’s 30-day average volume is 2,628,880. Shares closed at $20.27 +4.06%. Liberty Media Corporation owns interests in subsidiaries and other companies which are engaged in the media, communications and entertainment industries.

Murphy Oil Corp. (NYSE:MUR) had a 77.5% volume spike trading 9,192,600 shares. MUR’s 30-day average volume is 2,071,500. Shares closed at $63.74 +8.59%. Murphy Oil Corporation is a worldwide oil and gas exploration and production company with refining and marketing operations in the United States and the United Kingdom.

Domino’s Pizza Inc (NYSE:DPZ) had a 84.8% volume spike trading 4,490,800 shares. DPZ’s 30-day average volume is 683,523. Shares closed at $41.16 +9.18%. Domino’s Pizza, Inc.through its subsidiaries is engaged in retail sales of food through Domino’s Pizza stores; sales equipment and supplies to Domino’s Pizza stores and receipt of royalties from domestic and international Domino’s Pizza franchise.

Intermune (NASDAQ:ITMN) had a 67.2% volume spike trading 3,564,700 shares. ITMN’s 30-day average volume is 1,169,310. Shares closed at $7.97 +0.50%. InterMune, Inc is a biotechnology company focused on the research, development and commercialization of innovative therapies in pulmonology and orphan fibrotic diseases.

Westlake Chemical Corp. (NYSE:WLK) had a 88.9% volume spike trading 3,162,300 shares. WLK’s 30-day average volume is 352,128. Shares closed at $77.78 +9.58%. Westlake Chemical Corp. is a manufacturer and marketer of basic chemicals, vinyls, polymers and fabricated products.

Wolverine World Wide (NYSE:WWW) had a 73.1% volume spike trading 2,391,500 shares. WWW’s 30-day average volume is 643,309. Shares closed at $44.70 +3.98%. Wolverine World Wide is a designer, manufacturer and marketer of a range of quality casual shoes, rugged outdoor and work footwear.

Avg Technologies N.V. (NYSE:AVG) had a 79.8% volume spike trading 2,174,700 shares. AVG’s 30-day average volume is 439,328. Shares closed at $10.84 +10.39%. AVG Technologies NV provides antivirus and Internet security products. It develops and manufactures software products for threat detection, threat prevention and risk analysis. It provides real-time defenses against real-time threats.

Rosetta Resources Inc. (NASDAQ:ROSE) had a 66.8% volume spike trading 1,892,900 shares. ROSE’s 30-day average volume is 628,242. Shares closed at $47.77 +4.78%. Rosetta Resources, Inc. is an independent oil and gas company that is engaged in oil and natural gas exploration, development, production and acquisition activities in the United States.

Aegerion Pharmaceuticals (NASDAQ:AEGR) had a 88.9% volume spike trading 1,747,500 shares. AEGR’s 30-day average volume is 193,400. Shares closed at $19.15 +19.99%.

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Post Written By: Alex Fredricks Alex Fredricks has a degree in business and is an avid day-trader. Alex’s experience and love for the game of the markets is shown not only in his posts, but the post he helps edit for other authors on our staff.