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Lululemon Athletica and Other Services Stocks Making Big Moves on November 14, 2012

November 14, 2012 | Filed Under » ,
Tickers in this Article » ANF, VIPS, LONG, STRA, LULU, BWLD, SLG
The market is currently down, with the Nasdaq slipping 0.4%, the S&P 500 down 0.5% and the Dow declining 0.7%.

The Services sector (IYC) is currently lagging behind the overall market, down 0.8%, and its current biggest movers are:
CompanyMarket CapPercentage Change
Abercrombie & Fitch (NYSE:ANF)$2.57 billion+30.6%
Vipshop Holdings Ltd (NYSE:VIPS)$572.9 million+11.5%
eLong, Inc (Nasdaq:LONG)$521.6 million+5.1%
Strayer Education (Nasdaq:STRA)$554.2 million+3.7%
Lululemon Athletica (Nasdaq:LULU)$7.49 billion-3.2%
Buffalo Wild (Nasdaq:BWLD)$1.37 billion-2.7%
SL Green (NYSE:SLG)$6.72 billion-2.5%
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After a big jump of 30.6%, Abercrombie & Fitch (NYSE:ANF) is trading at $40.73 per share. This morning, the company's volume is 28.6 million shares. This is 12.6 times the current daily average.

Vipshop Holdings Ltd (NYSE:VIPS) is currently at $12.63 per share after a dramatic increase of 11.5%. The company's volume is currently 237,366 shares for the day, 2.4 times the average volume over the last three months.

Rising 5.1%, eLong, Inc (Nasdaq:LONG) is currently trading at $16.00 per share. So far today, the company's volume is 7,650 shares.

Strayer Education (Nasdaq:STRA) is up 3.7% to reach a current price of $48.43 per share. This morning, 367,068 shares have been traded,.

Currently trading at $67.60 per share, Lululemon Athletica (Nasdaq:LULU) has fallen 3.2%. The company's volume for the day so far is 1.1 million shares. This is 0.8 times its average daily volume.

Slipping 2.7%, Buffalo Wild (Nasdaq:BWLD) is currently trading at $71.85 per share. So far today, the company's volume is 192,140 shares, consistent with its current three-month average.

SL Green (NYSE:SLG) has decreased to $72.46 per share, a 2.5% fall. So far today, 635,710 shares have changed hands.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. It is important to weigh current activity against historical performance when making any investment decisions. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.

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