Distribution Alert: High-Volume Selloffs From NGLS, EPB, RMBS, VNR, HSY
As if the selloffs themselves weren’t bad enough, some stocks are falling precipitously on high volume – a sign that things may get worse before getting better. Today’s high-volume loss leaders are:
- El Paso Pipeline Partners, L.P. (NYSE: EPB)
- Targa Resources Partners LP (Nasdaq: NGLS)
- Rambus, Inc. (Nasdaq: RMBS)
- Vanguard Natural Resources, LLC (NYSE: VNR)
- Hershey Co. (NYSE: HSY)
Vanguard Natural Resources, LLC is lower today by 4.4% on a 256% increase in volume. Rambus, Inc. is down 8.5%, with trading activity up by 369%. El Paso Pipeline Partners, L.P. has fallen 4.0% thanks to a whopping 3000% increase in the average trade volume. Hershey Co. is in the red by 2.7% on a 219% volume bump. Targa Resources Partners LP is off 4.5% on a 1187% increase in trading activity.
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