Editor’s note: Related tickers: Bank of America Corp (NYSE:BAC), Microsoft Corporation (NASDAQ:MSFT), Intel Corporation (NASDAQ:INTC), Facebook Inc (NASDAQ:FB), Nokia Corporation (ADR) (NYSE:NOK).
Among several thousands of stocks on the markets, it is important to follow, which stocks are the most popular in order to find out latest market trends. We have analyzed the stocks which are the leaders in volume of trading in the first part of the day. The situation did not change much since the last couple of days, the first positions as the most-traded stocks being held by Bank of America Corp (NYSE:BAC), Microsoft Corporation (NASDAQ:MSFT) and Intel Corporation (NASDAQ:INTC).
Bank of America Corp (NYSE:BAC) holds the top position as the most traded stock for the last period. Currently, Bank of America Corp (NYSE:BAC) last traded 0.55% higher at $12.32 in deals worth $49.2 million by 11.30 am EDT. According to the Goldman Sachs Group, Inc. (GS), Bank of America Corp (NYSE:BAC) might start losing ground soon. “The past few years have shown that bank stocks gain over 10 percent in 1Q only to lose 9 percent in 2Q when out-year estimates start to decline.” Given this Goldman Sachs purportedly reduced its first-quarter earnings forecast for Bank of America Corp (NYSE:BAC) by 15%.
On the next position is situated Microsoft Corporation (NASDAQ:MSFT), whose shares advanced by 2.03% to $30.21 by 11.30 am EDT in turnover worth about $33.5 million. Microsoft Corporation (NASDAQ:MSFT) could release and update to its Windows Phone software later in 2013, which will feature 1080p compatibility and support for new quad-core processors.
The next on the list is Intel Corporation (NASDAQ:INTC). The share price of Intel Corporation (NASDAQ:INTC) appreciated by 2.96% to $22.39 in deals worth about $31.3 million by 11.30 am EDT. Earlier today we have discussed about the fact that Intel Corporation (NASDAQ:INTC) has started shipping early versions of its new Haswell chip in preparation for a June 2013 release, according to an anonymous source telling CNET. Intel Corporation (NASDAQ:INTC) is trying to conquer the market of mobile processors, and there is a high probability that it will succeed in this endeavors.
The fourth highest stock in terms on volume in the first half of Wednesday is Facebook Inc (NASDAQ:FB). Facebook Inc (NASDAQ:FB)’s shares last traded 4.67% up at $27.83 in turnover worth $25.2 million. Today, cloud-based security intelligence solutions company Webroot announced about extending its partnership with Facebook in order to offer protection against online security threats for Facebook’s users. “Facebook has always been committed to ensuring all of our more than one billion users have access to the tools that can help keep them and their devices safe, […] Today marks an important step towards better servicing our international users with the addition of new language support for Webroot and the rest of our AV Marketplace,” Webroot quoted Facebook Inc (NASDAQ:FB)’s chief security officer Joe Sullivan in a statement.
The top five volume leaders list is closed by Nokia Corporation (ADR) (NYSE:NOK), which gained 2.23% to $3.45 in deals worth some $25 million by 11.30 am EDT. According to a recent report from AdDuplex, Nokia Corporation (ADR) (NYSE:NOK) is the leading producer of Microsoft’s Windows 8 global smartphone market. Nokia Corporation (ADR) (NYSE:NOK) was the manufacturer of choice for 80% of all Windows 8 phones in use worldwide.
While Intel is trying to conquer the market of mobile processors, the company has already succeeded on the field of PC processors. We have compiled the list of Intel’s Top 5 Microprocessors.
