Services Sector Wrap

Published June 26, 2012

| FOXBusiness

On a trading day that saw the S&P 500 gain 0.5%, the Services sector (IYC) showed little change.

The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past week. Entering today's trading, IYC was down 1.4% over the last seven trading days while the S&P 500 climbed -2.7%.

Sonic Automotive (SAH) was a significant gainer in the sector, rising 11.3%. The stock closed at $13.53 with three million shares moving. The stock traded in a range of $12.49 to $13.59. Over the last three months, the stock has lost $4.83 (-26.3%) from a price of $18.36 on March 29, 2012. Similarly, Apollo Group (APOL) gained today, increasing $3.34 (+10.3%) to close at $35.81.

Atlantic Tele-Network (ATNI) fell 1.8% to close at $34.09, crossing its 50-day moving average of $34.42. Meanwhile, Strayer Education (STRA) climbed 7.8% to close at $100.94, moving past its 200-day moving average of $95.98.

Biglari Holdings (BH) rose 0.7% to close at $371.27, approaching its 50-day moving average of $386.88. It has also moved closer to its 200-day moving average of $390.36. Speedway Motorsports (DTV) fell 3% to close at $16.86, moving closer to its 50-day moving average of $16.62. Also, the stock moved closer to its 200-day moving average of $46.27.

ValueClick (VCLK) was a major loser in the sector, falling 7.2% (-$1.13) to close at $14.47 with 3.1 million shares moving. The stock traded between $13.96 and $15.13. The stock is down over the last two months, having fallen $7.02 (-32.7%) from a price of $21.49 on April 27, 2012.

News (NWSA) hit a new 52-week high today, reaching $21.89 to top the previous high of $20.70.

Weight Watchers International (WTW) hit a new 52-week low today, hitting $50.32 to fall below the previous low of $51.21.

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