Credit: 
Shutterstock photo
The SPDR S&P Telecom ETF is seeing unusually high volume in afternoon trading Wednesday, with over 116,000 shares traded versus three month average volume of about 26,000. Shares of XTL were up about 0.3% on the day.
Components of that ETF with the highest volume on Wednesday were Cisco Systems, trading off about 0.7% with over 10.2 million shares changing hands so far this session, and AT&T, up about 0.5% on volume of over 6.6 million shares. Netgear is the component faring the best Wednesday, higher by about 2.9% on the day, while Cincinnati Bell is lagging other components of the SPDR S&P Telecom ETF, trading lower by about 1.7%.
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.
