Published June 14, 2012
On a trading day that saw the S&P 500 gain 1.1%, the Services sector (IYC) showed little change.
While being down today, the ETF, as a proxy for sector performance, tracked farther from the overall market today than over the past week. Entering today's trading, IYC was up 0.8% over the last seven trading days while the S&P 500 was down 1.1%.
Increasing 14.4% (+$1.90) to close at $15.12, International Game Technology (IGT) was a major gainer in the sector. Today, 17.2 million shares traded hands. The stock traded in a range of $13.97 to $15.19. Over the last three months, the stock has lost $1.64 (-9.8%) from a price of $16.76 on March 19, 2012.
ChinaEdu Corporation (CEDU) was one of the sector's big losers, as its price dropped 13.8% (-94 cents) to close at $5.89. 28,929 shares of the stock moved. The stock traded in a range of $5.89 to $6.90.
IMAX Corporation (IMAX) rose 7.3% to close at $22.60, cross its 50-day moving average of $21.99 and 200-day moving average of $22.19.
Life Time Fitness (LTM) rose 4.8% to close at $43.10, approaching its 50-day moving average of $43.49. It has also moved closer to its 200-day moving average of $45.88.
HSN (HSNI) hit a new 52-week high today, reaching $41.38 to top the previous high of $40.76.
Education Management (EDMC) hit a new 52-week low today, hitting $5.63 to fall below the previous low of $6.19.