Published April 10, 2012
During trading today, the Services sector (IYC) showed little change while the S&P 500 fell 1.7%.
The ETF has moved down across its 50-day moving average of $79.52 today.
SUPERVALU INC. (SVU) was a significant gainer in the sector, rising 15.2%. The stock closed at $6.13 with 37.6 million shares moving. The stock traded in a range of $5.65 to $6.31. The stock is down over the last three months, having fallen $1.21 (-16.5%) from $7.34 on January 11, 2012. ATA Inc.(ADR) (ATAI) also gained today, climbing 60 cents (+9.4%) to close at $6.96.
United Rentals, Inc. (URI) was a major loser in the sector, falling 7% (-$2.89) to close at $38.61 with 6.1 million shares moving. The stock traded in a range of $37.80 to $41.43. Share price is up, having risen $4.27 (10%) from $42.88 on March 9, 2012.
Arden Group, Inc. (ARDNA) declined 3.3% to close at $87.53, moving below its 50-day moving average of $87.91 and 200-day moving average of $88.04.
Safeway Inc. (SWY) rose 1.3% to close at $19.90, approaching its 50-day moving average of $21.10. It has also moved closer to its 200-day moving average of $20.47. 51job, Inc. (ADR) (JOBS) fell 4.1% to close at $57.15, moving down to 2.8% above its 50-day moving average of $55.60.