The 10 Most Heavily Traded Stocks Selling Off Big Today

These 10 stocks are the most heavily traded in US markets as of mid-day today, and they are all down.  Read it and weep:

  1. Nokia Corporation (NYSE:NOK): The stock is trading down today on volume of 174,708,102 shares. The shares are down $0.34, or 4.77%. About the company: Nokia Corporation is a player in the mobile industry.  The Company makes a range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more.  Nokia also provides equipment, solutions and services for communications networks.
  2. SPDR S&P 500 (NYSE:SPY): The stock is trading down today on volume of 82,452,365 shares. The shares are down $1.53, or 1.13%. About the company:  SPDR S&P 500 ETF Trust is a unit investment trust incorporated in the United States.  The Trust consists of a portfolio representing all 500 stocks in the S&P 500 Index.
  3. Bank of America Corporation (NYSE:BAC): The stock is trading down today on volume of 68,453,040 shares. The shares are down $0.38, or 3.24%. About the company:  Bank of America Corporation accepts deposits and offers banking, investing, asset management, and other financial and risk-management products and services.  The Company has a mortgage lending subsidiary, and an investment banking and securities brokerage subsidiary.
  4. SPDR Select Sector Fund – Financials (NYSE:XLF): The stock is trading down today on volume of 42,362,424 shares. The shares are down $0.35, or 2.24%. About the company:  Financial Select Sector SPDR Fund is an exchange-traded fund incorporated in the USA.  The Fund’s objective is to provide investment results that, before expenses, correspond to the performance of the Financial Select Sector.  The Index includes financial services firms whose business’ range from investment management to commercial & business banking.
  5. Sirius XM Radio Inc. (NASDAQ:SIRI): The stock is trading down today on volume of 41,767,321 shares. The shares are down $0.05, or 2.13%. About the company:  Sirius XM Radio Inc. broadcasts various channels of audio from its satellites.  The Company provides its services throughout the continental United States for a monthly subscription fee.  Sirius delivers various streams of commercial-free music in every genre, as well as streams of news, sports, weather, talk, comedy, and public radio.
  6. Microsoft Corporation (NASDAQ:MSFT): The stock is trading down today on volume of 34,463,124 shares. The shares are down $0.44, or 1.76%. About the company:  Microsoft Corporation develops, manufactures, licenses, sells, and supports software products.  The Company offers operating system software, server application software, business and consumer applications software, software development tools, and Internet and intranet software.  Microsoft also develops video game consoles and digital music entertainment devices.
  7. iShares Russell 2000 (NYSE:IWM): The stock is trading down today on volume of 31,061,267 shares. The shares are down $1.09, or 1.28%. About the company:  iShares Russell 2000 Index Fund is an exchange-traded fund incorporated in the USA.  The Fund seeks investment results that correspond to the performance of the Russell 2000 Index Fund.  The Index measures the performance of the small-capitalization sector of the US equity market.  The Fund uses a Representative Sampling strategy to try to track the index.
  8. Level 3 Communications, Inc. (NASDAQ:LVLT): The stock is trading down today on volume of 32,556,640 shares. The shares are down $0.12, or 5.24%. About the company:  Level 3 Communications, Inc. provides telecommunications and information services, including local, long distance, and data transmission.  The Company also provides other enhanced communications and Internet services, and is involved in coal mining businesses.
  9. Sprint Nextel Corporation  (NYSE:S): The stock is trading down today on volume of 26,592,053 shares. The shares are down $0.05, or 0.77%. About the company:  Sprint Nextel Corporation offers a range of wireless and wireline communications services to consumer, business, and government customers.  The Company develops, engineers, and deploys various technologies, including two wireless networks offering mobile data services, instant national and international push-to-talk capabilities, and a global Tier 1 Internet backbone.
  10. General Electric Company (NYSE:GE): The stock is trading down today on volume of 24,317,898 shares. The shares are down $0.32, or 1.63%. About the company:  General Electric Company is a diversified technology, media and financial services company.  The Company offers products and services ranging from aircraft engines, power generation, and water processing technology to medical imaging, business and consumer financing, media content and industrial products.  General Electric conducts operations globally.

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