Here's a summary of the past five days trading, with closing price, change, and % of avg volume (acting to Yahoo):
4/27 -- 98, down 2 3/16, 1.0 x avg vol
4/28 -- 91 7/8, down 6 1/8, 0.6 x avg vol
4/29 -- 86 1/2, down 5 3/8, 1.0 x avg vol
4/30 -- 84 1/2, down 2, 1.1 x avg vol
5/3 -- 77 7/8, down 6 5/8, 0.9 x avg vol
While on the face of it, a 20% down move on lightish to average volume might seem to suggest no conviction to the selling, the bad news is that so little volume was able to move the price so far. |
