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The Real Most Active - NYSE.(A)(The Real Most Active - NYSE)
The Real Most Active
After a strong week, blue chips slipped Friday.
The Dow began the day rallying higher, but couldn't hold on as it continued to slide, closing down 119.53 points, or 1.1%, to 10,864.10. For the week, the index gained 1.9%. The S&P 500 fell 1.8% to 1349.47. Volume shrank 6% to 1.05 billion shares.
Alliance Capital Management plummeted 7.30, or 12%, to 51.20 on seven times typical volume. The investment management firm missed
fourth-quarter estimates by 9 cents. The stock sliced its 50-day moving average intraday, but closed above the line.
Anixter International sank 2.40 to 26.85 on nearly double normal trade. The maker of networking and cabling connections on Monday beat fourth-quarter viewsby a penny. The stock snapped a five-day winning streak, dropping below its 200-day moving average again.
Church & Dwight plunged 3.91 to 21.02 on extremely heavy turnover. The maker ofArm & Hammer products missed fourth-quarter estimates by 2 cents, citing a plant shutdown. The stock crashed below its 50-day line and is 30% off its Nov.17, 1999, all-time ...
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