Among the most volatile stocks traded on August 4 were: Clearwire Corporation, comScore, Inc, Leap Wireless International Inc, Cooper Tire & Rubber Co, and Complete Genomics, Inc. These stocks are risky as they have high volatility. Since these stocks carry a lot of risk, they will usually provide large returns. This high volatility could be caused by their business strategy or the type of sector they are in.
Shares of Clearwire Corporation (CLWR) fell by 27.53% or $-0.68/share to $1.79. In the past year, the shares have traded as low as $1.98 and as high as $8.82. On average, 6038270 shares of CLWR exchange hands on a given day and today's volume is recorded at 7882328. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $3.63 area but be careful because the stock may face selling pressure at this level.
Shares of comScore, Inc. (SCOR) fell by 28.9% or $-6.09/share to $14.98. In the past year, the shares have traded as low as $17.18 and as high as $31.28. On average, 227670 shares of SCOR exchange hands on a given day and today's volume is recorded at 2603929. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $25.49 area where the stock may encounter resistance.
Shares of Leap Wireless International Inc. (LEAP) fell by 28.88% or $-2.90/share to $7.14. In the past year, the shares have traded as low as $9.51 and as high as $17.66. On average, 1899220 shares of LEAP exchange hands on a given day and today's volume is recorded at 5066906. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $13.95 area where the stock may encounter resistance.
Shares of Cooper Tire & Rubber Co. (CTB) fell by 29.83% or $-4.91/share to $11.55. In the past year, the shares have traded as low as $15.52 and as high as $27.61. On average, 694090 shares of CTB exchange hands on a given day and today's volume is recorded at 2587592. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $19.82 area but be careful because the stock may face selling pressure at this level.
Shares of Complete Genomics, Inc. (GNOM) fell by 24.36% or $-2.74/share to $8.51. In the past year, the shares have traded as low as $6.60 and as high as $18.55. On average, 313700 shares of GNOM exchange hands on a given day and today's volume is recorded at 516882. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $10.80 area where the stock may encounter resistance.
