Filed Under: ,
Tickers in this Article: STRA, PSMT, SHLD, PRAA, BBY, AMZN, MMS
The Nasdaq is trading down 2.7%, the S&P 500 has declined 2.6% and the Dow has slipped 2.5% on a bad morning for the market.

The Services sector (IYC) is down 1.8%, outperforming the market overall. Currently, the biggest movers in the sector are:
CompanyMarket CapPercentage Change
Strayer Education (Nasdaq:STRA)$716.7 million-7.6%
PriceSmart (Nasdaq:PSMT)$2.53 billion-6.3%
Sears (Nasdaq:SHLD)$7.11 billion-5.4%
Portfolio Recovery Associates (Nasdaq:PRAA)$1.74 billion-5.1%
Best (NYSE:BBY)$5.03 billion+4.1% (Nasdaq:AMZN)$107.6 billion-3.4%
MAXIMUS (NYSE:MMS)$1.93 billion+3.4%
Broker Summary: TD Ameritrade Thinkorswim

Slipping 7.6%, Strayer Education (Nasdaq:STRA) is currently trading at $55.76 per share. The company's volume for the day so far is 110,084 shares. This is in line with its current daily average.

PriceSmart (Nasdaq:PSMT) has fallen 6.3% and is currently trading at $78.66 per share. This morning, 99,173 shares have been traded, whereas yesterday, volume was only 98,928 shares.

Sears (Nasdaq:SHLD) is currently trading at a share price of $63.16, a 5.4% decline. So far today, the company's volume is 400,627 shares.

Portfolio Recovery Associates (Nasdaq:PRAA) is trading at $98.01 per share, down 5.1%. At 18,617 shares, the company's volume so far today is 0.2 times the current three-month average.

Best (NYSE:BBY) has risen 4.1% to hit a current price of $15.56 per share. So far this morning, 5.4 million shares have changed hands. This is 0.8 times the current daily average. (Nasdaq:AMZN) has decreased to $229.46 per share, a 3.4% fall. At 1.5 million shares, the company's volume so far today is on pace to reach yesterday's volume of 2.7 million shares.

Rising 3.4%, MAXIMUS (NYSE:MMS) is currently trading at $58.52 per share. So far today, 150,341 shares have changed hands.

The Bottom Line The nature of the market is such that stocks will have good days and bad days. Daily stock performance should be weighed against historical performance and put in context of the market overall. Tools like valuation ratios and profit margins, however, are only as useful as the context you put them in; remember to take historical data and competitor performance into account.

comments powered by Disqus

Trading Center