The Nasdaq has fallen 1.6%, the S&P 500 has fallen 1% and the Dow has declined 1.1% on a bad morning for the market.
The Services sector (IYC) is down 1.1%, outperforming the market overall. Currently, the biggest movers in the sector are:
|Company||Market Cap||Percentage Change|
|Chipotle Mexica (NYSE:CMG)||$9.06 billion||-14%|
|ManpowerGroup (NYSE:MAN)||$2.85 billion||+10.3%|
|Robert Half International (NYSE:RHI)||$3.68 billion||+6.1%|
|Lululemon Athletica (Nasdaq:LULU)||$7.96 billion||-5.8%|
|Panera (Nasdaq:PNRA)||$5.03 billion||-4.8%|
|McDonald\'s (NYSE:MCD)||$93.64 billion||-3.9%|
|Priceline.com (Nasdaq:PCLN)||$29.02 billion||-3.5%|
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Shares of Chipotle Mexica (NYSE:CMG) are currently trading at $245.96, a steep decline of 14%. At 3.6 million shares, the company's volume so far today is 3.1 times its current daily average.
ManpowerGroup (NYSE:MAN) has soared 10.3% to reach a current price of $39.70 per share. So far today, the company's volume is 1.5 million shares.
Robert Half International (NYSE:RHI) has moved up 6.1% and is currently trading at $27.50 per share. With 2.5 million shares changing hands so far today, the company's volume is 1.5 times its average over the past three months.
Lululemon Athletica (Nasdaq:LULU) has fallen 5.8% and is currently trading at $70.28 per share. So far today, the company's volume is 2.4 million shares. Yesterday, volume was only 944,942 shares.
Panera (Nasdaq:PNRA) is down 4.8% to reach $161.44 per share. So far today, the company's volume is 477,355 shares, 1.5 times the average daily volume.
McDonald's (NYSE:MCD) is currently trading at a share price of $89.24, a 3.9% decline. The company's volume for the day so far is 9.5 million shares.
Currently trading at $562.03 per share, Priceline.com (Nasdaq:PCLN) has fallen 3.5%. The company's volume for the day so far is 931,103 shares, one times the current three-month average.
The Bottom Line The nature of the market is such that stocks will have good days and bad days. Paying close attention to the previous ratios will help you identify key times to adjust your strategy. 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.