Services Sector Wrap

Published August 16, 2012

| FOXBusiness

The Services sector (IYC) showed little change during trading today while the S&P 500 rose 0.7%.

As a proxy for the sector, the ETF tracked closer to the overall market today than over the past month. Entering today's trading, IYC was up 2.4% over the last thirty trading days. The S&P 500, in comparison, went up 3.4%.

NetEase.com (NTES) was one of the sector's big losers, as its price dropped 14.8% (-$8.62) to close at $49.56. 5.6 million shares of the stock moved. The stock traded between $49.42 and $53.75. The stock is down over the last two months, having fallen $14.25 (-22.3%) from a price of $63.81 on June 19, 2012.

Children's Place Retail Stores (PLCE) was a major gainer in the sector, rising 8.4% (+$4.33) to close at $55.90 with 1.8 million shares moving. The stock traded in a range of $54.26 to $56.05. Over the last two months, shares have shown some positive movement as the price has climbed $10.16 (22.2%) from a price of $45.74 on June 19, 2012.

Ulta Salon Cosmetics & Fragrance (ULTA) rose 5.1% to close at $90.27, cross its 50-day moving average of $88.83 and 200-day moving average of $87.77.

Coinstar (CSTR) rose 7.6% to close at $51.88, approaching its 50-day moving average of $56.59. It has also moved closer to its 200-day moving average of $58.85. Interval Leisure Group (CHL) fell 2% to close at $19.08, moving closer to its 50-day moving average of $18.81. Also, the stock moved closer to its 200-day moving average of $53.77.

America's Car-Mart (CRMT) hit a new 52-week high today, reaching $49.20 to top the previous high of $48.24.

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