The 4 Stocks That Weighed on the DJIA Wednesday

Investing

Published: March 11, 2015 4:01 pm

Last Updated: April 28, 2020 6:24 am

March 11, 2015: Markets opened modestly higher on Wednesday as both economic data and world markets didn’t create much action. Crude oil traded higher early in the day then tumbled on another big inventory build, before bouncing back to around the flat line. Shortly before the closing bell the DJIA traded down 0.09% for the day, the S&P 500 traded down 0.14%, and the Nasdaq Composite traded down 0.19%.

The DJIA stock posting the largest daily percentage loss ahead of the close Wednesday was The Coca-Cola Co. (NYSE: KO) which traded down 1.40% at $40.12. The stock’s 52-week range is $37.88 to $45.00. Trading volume was about equal to the daily average of around 14.8 million shares. The company had no specific news today.

Cisco Systems Inc. (NASDAQ: CSCO) traded down 1.38% at $28.26. The stock’s 52-week range is $21.27 to $30.31. Trading volume was about a third lower than the daily average of around 31 million shares. The company announced this morning a new cloud platform with partner Microsoft.

Nike Inc. (NYSE: NKE) traded lower by 1.25%% at $95.30. The stock’s 52-week range is $70.60 to $99.76. Trading volume was about 15% below the daily average of around 3.8 million shares. The company had no specific news today.

Wal-Mart Stores Inc. (NYSE: WMT) traded down 1.19% at $80.61. The stock’s 52-week range is $72.61 to $90.97. Trading volume was about 40% below the daily average of around 7 million shares. The company had no specific news today.

Of the Dow 30 stocks 18 are set to close lower today and 12 are on track to close higher.

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