The SPDR S&P Semiconductor ETF ( XSD ) is seeing unusually high volume in afternoon trading Wednesday, with over 632,000 shares traded versus three month average volume of about 57,000. Shares of XSD were off about 0.9% on the day.
Components of that ETF with the highest volume on Wednesday were Micron Technology ( MU ), trading down about 1.1% with over 15.5 million shares changing hands so far this session, and Intel ( INTC ), up about 0.1% on volume of over 8.0 million shares. Cypress Semiconductor ( CY ) is the component faring the best Wednesday, higher by about 1.8% on the day, while Microsemi ( MSCC ) is lagging other components of the SPDR S&P Semiconductor ETF, trading lower by about 3.4%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
