Published June 01, 2012
During trading today, both the Services sector (IYC) and the S&P500 showed little movement.
As a proxy for the sector, the ETF tracked closer to the overall market today than over the past month. As trading began today, IYC was down 7.3% over the last thirty trading days, and the S&P 500 climbed -8.7%.
United Rentals (URI) was one of the sector's big losers, as its price dropped 10% (-$3.44) to close at $31.11. Six million shares of the stock moved. The stock traded in a range of $30.68 to $32.90. The share price has been sinking in the last month, down $14.03 (-31.1%) from $45.14 on May 2, 2012.
Increasing 8.5% (+18 cents) to close at $2.25, Lightbridge (LTBR) was a major gainer in the sector. Today, 20,412 shares traded hands. The stock traded in a range of $2.07 to $2.25.
Alexander's (ALX) declined 2% to close at $383.15, moving below its 50-day moving average of $387.14 and 200-day moving average of $386.21.
LoJack Corporation (LOJN) rose 6.2% to close at $3.41, approaching its 50-day moving average of $3.53. It has also moved closer to its 200-day moving average of $3.49. Liquidity Services (AVB) fell 6.3% to close at $59.87, moving closer to its 50-day moving average of $58.41. Also, the stock moved closer to its 200-day moving average of $135.29.
Wynn Resorts (WYNN) hit a new 52-week low today, hitting $96.52 to fall below the previous low of $98.26.