During trading today, both the Services sector (IYC) and the S&P500 showed little movement.
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Thomas Properties Group (TPGI) was a significant gainer in the sector, rising 10.7%. The stock closed at $5.47 with 406,455 shares moving. The stock traded in a range of $4.90 to $5.50. Share price is up, having risen 40 cents (7.9%) from $5.07 on July 20, 2012.
Best Buy (BBY) was a major loser in the sector. Its price dropped 10.4% (-$2.11) to close at $18.16, as 21.9 million shares moved. The stock traded in a range of $18.14 to $19.20. Shares are down $1.32 (-6.8%) from a price of $19.48 on August 13, 2012.
Lowe's Cos (LOW) declined 5.8% to close at $26.26, moving below its 50-day moving average of $26.55 and 200-day moving average of $27.90. The Washington Post Company (WPO) rose 2% to close at $355.86, crossing its 50-day moving average of $352.02.
Stamps.com (STMP) rose 3.1% to close at $20.40, approaching its 50-day moving average of $21.82. It has also moved closer to its 200-day moving average of $25.10. Waste Management (HIBB) fell 3% to close at $34.60, moving closer to its 50-day moving average of $33.90. Also, the stock moved closer to its 200-day moving average of $56.00.
Walter Investment Management (WAC) hit a new 52-week high today, reaching $28.48 to top the previous high of $27.56.