The stock market is mixed today as investors are looking forward to the weekend and the holiday week ahead. Not a lot of news today. There is the continued unease with the situation in Europe and a little bit of good news closer to home after economic indicators showed growth last month.
Overall volume is below average today which is normal for a Friday. Here’s five of the most traded stocks in midday trading today.
Bank of America Corporation (NYSE:BAC) is up slightly right now at $5.81 a gain of 0.17%. BAC has traded 126 million shares so far today and will probably finish the day below its daily average of 294 million shares. CEO of Bank of America, Brian Moynihan, said today the bank is selling foreclosed homes faster than it used to. The company has a current market cap of 58.47 billion.
Citigroup, Inc. (NYSE:C) is up nearly 1% in midday trading today at $26.22. C has traded 27 million share so far today and usually trades 56.5 million shares daily. This week hasn’t been kind to Citigroup shares as they have fallen from $29 to $26 in the past 5 days. The company has a current market cap of 76.45 billion.
Microsoft Corporation (NASDAQ:MSFT) is down about 0.5% today at $25.40. MSFT has traded 27 million shares in midday trading with a daily average volume of 57.8 million shares. MSFT shares have fallen more than $1 this week from nearly $27 to the low $25s. The company has a current market cap of 213.40 billion.
General Electric Company (NYSE:GE) is up 0.30% today at $15.68. GE has traded light volume today with only 24.8 million shares traded, well off its daily average of 71 million shares traded. GE may end the week lower after trading as high as $16.30 on Tuesday. The company has a current market cap of 166.14 billion.
Apple Inc. (NASDAQ:AAPL) is trading slightly lower right now at $376.91, a loss of 0.15%. Apple said earlier today it may face a nearly $3 billion loss if a German court rules in favor of Motorola in a patent-infringement case. AAPL has traded 7.4 million shares today with a daily average of more than 20 million shares. The company has a current market cap of 350.58 billion.