Editor’s note: Related tickers: Microsoft Corporation (NASDAQ:MSFT), Research In Motion Ltd (NASDAQ:BBRY), Barrick Gold Corporation (USA) (NYSE:ABX)
Stocks are traded everyday. And everyday we can notice that some stocks are advancing more, other on the contrary are losing more ground. But there is one metric, which can tell us what are the latest trends on the markets, and this include stocks which are the most traded. Today, the top positions among volume leaders are firmly held by Microsoft Corporation (NASDAQ:MSFT), Research In Motion Ltd (NASDAQ:BBRY) and Barrick Gold Corporation (USA) (NYSE:ABX).
On NASDAQ market, the first most traded stock is Microsoft Corporation (NASDAQ:MSFT), which gained a turnover worth $42.6 million. The stock has picked down 0.60% to $28.67. Microsoft Corporation (NASDAQ:MSFT) and more specifically its Windows 8 operating system have recently been blamed for an extensive drop on the PC shipments field. The shipments slid by 14% in the first three months of 2013, Bloomberg said, being quoted by Insider Monkey. This is the largest decline since tracking shipments began in 1994, according to Bloomberg. Even though, Microsoft Corporation (NASDAQ:MSFT) with its Windows OS was the market leader when the world was ruled by desktop PCs, and laptops, since the introduction and spread of smaller devices, new operating systems were developed and Microsoft Corporation (NASDAQ:MSFT) “has appeared (to me, at least) to be playing catch-up rather than leading the field.”
The second most popular stock on NASDAQ is Research In Motion Ltd (NASDAQ:BBRY), which lost 0.66% to $13.46 in deals worth $26.6 million. According to a press release issued by Research In Motion Ltd (NASDAQ:BBRY), the company will file a request with the Securities and Exchange Commission and Ontario Securities Commission, asking them to review “false and misleading report” regarding retail return rates for Blackberry Z10 smartphone. “Sales of the BlackBerry® Z10 are meeting expectations and the data we have collected from our retail and carrier partners demonstrates that customers are satisfied with their devices,” the statement quoted Research In Motion Ltd (NASDAQ:BBRY) President and CEO Thorsten Heins. “Return rate statistics show that we are at or below our forecasts and right in line with the industry. To suggest otherwise is either a gross misreading of the data or a willful manipulation. Such a conclusion is absolutely without basis and BlackBerry will not leave it unchallenged.” We also have mentioned the issues that are bothering Research In Motion Ltd (NASDAQ:BBRY) currently and why this stock continues to lose ground.
On the New York Stock Exchange, one of the top positions in trading volume is held by Barrick Gold Corporation (USA) (NYSE:ABX), which slumped by 7.48% to $22.88 in turnover worth about $31.7 million. We have discussed today about the decline experienced by the gold market, since the recovery of the U.S stock market is pulling investors out of safe haven investments and into the stock market. And main gold producers are among the first to suffer from this. Also, in another piece of story, we have mentioned that gold producers’ stocks among which is Barrick Gold Corporation (USA) (NYSE:ABX) are losing ground partly because the economy is improving and fewer investors are addressing to hard assets like gold, which causes the decrease of gold’s value. However,Barrick Gold Corporation (USA) (NYSE:ABX) stock has experienced declines even when gold prices where at mult-year highs.
