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L Brands Inc Falling Today on Above-Average Volume (LB)

By Amy Schwartz

L Brands Inc shares are trading on heavy volume today, having fallen 10.1% to $33.05. About 5.5 million shares have been traded today, as compared to the 30-day average volume of 4.0 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend is tracking the current trend status for L Brands Inc and will alert subscribers who have LB in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, L Brands Inc share prices have been bracketed by a low of $30.70 and a high of $63.10 and are now at $33.19, 8% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.4%.

Keywords: unusual volume l brands inc

Ticker(s): LB