Published May 04, 2012
During trading today, both the Services sector (IYC) and the S&P500 showed little movement.
Although it went in the opposite direction of the market today, the ETF tracked closer to the overall market today than over the past month. At the start of trading today, IYC was up 0.6% over the last thirty trading days while the S&P 500 was down 2%.
Body Central (BODY) fell 48.6% to close at $14.88, crossing its 50-day moving average of $28.00. Meanwhile, DigitalGlobe (DGI) climbed 21.7% to close at $16.46, moving past its 200-day moving average of $15.45. Einstein Noah Restaurant Group (BAGL) rose 19% to close at $16.71, cross its 50-day moving average of $14.66 and 200-day moving average of $14.45.
Air Lease (AL) rose 2.1% to close at $23.20, approaching its 50-day moving average of $24.02. It has also moved closer to its 200-day moving average of $23.66. TAL International Group (SRCL) fell 8% to close at $38.21, moving closer to its 50-day moving average of $38.01. Also, the stock moved closer to its 200-day moving average of $83.80.
Caribou Coffee Company (CBOU) was one of the sector's big losers, as its price dropped 13.5% (-$1.89) to close at $12.10. 2.3 million shares of the stock moved. The stock traded between $11.30 and $13. The share price has dropped $5.90 (-32.8%) from $18 on April 4, 2012.
AMN Healthcare Services (AHS) was a major gainer in the sector, rising 13% (+79 cents) to close at $6.86 with 298,328 shares moving. The stock traded in a range of $6.40 to $6.95.
The Madison Square Garden (MSG) hit a new 52-week high today, reaching $38.38 to top the previous high of $36.60.