THC, DOW, STI, BSBR, MDR Had Unusual Volume
We have found the following stocks had unusual volume spikes on Friday, September 14, 2012.
Tenet Healthcare Corp. (NYSE:THC) had a 86.5% volume spike trading 39,503,500 shares. THC’s 30-day average volume is 5,335,410. Shares closed at $5.76 +5.49%. Tenet Healthcare Corporation is an investor-owned health care services company whose subsidiaries and affiliates mainly operate acute care hospitals, ambulatory surgery centers, diagnostic imaging centers and related health care facilities.
DOW Chemical Company (NYSE:DOW) had a 75.1% volume spike trading 35,999,300 shares. DOW’s 30-day average volume is 8,964,210. Shares closed at $32.25 +6.86%. The Dow Chemical Company is engaged in the manufacture and sale of chemicals, plastic materials, agricultural, advanced materials and other products and services. It is also engaged in the property and casualty insurance and reinsurance business.
Suntrust Banks (NYSE:STI) had a 64.7% volume spike trading 17,982,600 shares. STI’s 30-day average volume is 6,353,510. Shares closed at $29.91 +3.60%. SunTrust Banks, Inc, is a financial services holding company whose businesses provide a broad range of financial services to consumer and corporate clients.
Banco Santander Brasil Sa (NYSE:BSBR) had a 58.4% volume spike trading 16,232,900 shares. BSBR’s 30-day average volume is 6,755,790. Shares closed at $8.32 +4.00%. Banco Santander Brasil SA/Brazil is a bank. It provides financial services through its operating segments, namely, commercial banking, global wholesale banking & asset management and insurance. Some of its services are capitalization & consortium.
Mcdermott International (NYSE:MDR) had a 57.9% volume spike trading 10,101,000 shares. MDR’s 30-day average volume is 4,255,920. Shares closed at $13.32 +6.90%. McDermott International, Inc. provides a number of products and services to customers in the energy and power industries, including utilities and other power generators, major and national oil companies, and the United States Government.
Oi S.A. Ads (NYSE:OIBR) had a 82.7% volume spike trading 7,558,100 shares. OIBR’s 30-day average volume is 1,305,800. Shares closed at $4.21 +4.47%. Oi SA provides telecommunication services in Brazil. The company provides fixed telephony, mobile telephony, data transmission and other services, as well as internet services to residential and business customers.
The Blackstone Group L.P. (NYSE:BX) had a 44.7% volume spike trading 7,271,500 shares. BX’s 30-day average volume is 4,023,960. Shares closed at $15.22 +7.18%. Blackstone Group LP is a global alternative asset manager and a provider of financial advisory services.
Bhp Billiton Limited (NYSE:BHP) had a 38.3% volume spike trading 6,493,800 shares. BHP’s 30-day average volume is 4,006,350. Shares closed at $72.28 +5.18%. BHP Billiton Limited is a diversified resources group with a global portfolio of quality assets. Core activities comprise of mining, exploration, production and distribution of minerals, mineral products and petroleum.
Officemax Inc. (NYSE:OMX) had a 74.0% volume spike trading 6,043,400 shares. OMX’s 30-day average volume is 1,570,920. Shares closed at $8.15 +21.28%. OfficeMax inc, provides office supplies and paper, print and document services, technology products and solutions and furniture to large, medium and small businesses, government offices and consumers.
Stillwater Mining Company (NYSE:SWC) had a 62.4% volume spike trading 5,405,500 shares. SWC’s 30-day average volume is 2,034,360. Shares closed at $13.91 +14.86%. Stillwater Mining Company develops, extracts, processes, refines and markets palladium, platinum and associated metals from a geological formation in south-central Montana known as the J-M Reef and from the recycling of spent catalytic converters.
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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.
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