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Netflix and Other Services Stocks Making Big Moves on October 24, 2012

October 24, 2012 | Filed Under »
Tickers in this Article » LL, NFLX, YELP, BWLD, EAT, SIX, MM
So far today, the Nasdaq has been relatively flat, the S&P 500 has climbed 0.1% and the Dow has climbed 0.3%.

The biggest movers in the Services sector (IYC) (+0.1%) are:
CompanyMarket CapPercentage Change
Lumber Liquidators Holdings (NYSE:LL)$1.36 billion+14.5%
Netflix (Nasdaq:NFLX)$3.79 billion-14.2%
Yelp (NYSE:YELP)$1.47 billion+11.9%
Buffalo Wild (Nasdaq:BWLD)$1.55 billion-11.9%
Brinker International (NYSE:EAT)$2.47 billion-9.8%
Six Flags (NYSE:SIX)$3.31 billion-9.7%
Millennial Media (NYSE:MM)$1.08 billion+9.6%
Software Summary: Finviz.com Stock Screener

Lumber Liquidators Holdings (NYSE:LL) rose a significant 14.5% to reach $57.39 per share. With 1.5 million shares changing hands so far today, the company's volume is 3.6 times its current three-month average.

Netflix (Nasdaq:NFLX) is currently trading at $58.56 per share, after a steep drop of 14.2%. So far today, 8.7 million shares have changed hands.

After a big jump of 11.9%, Yelp (NYSE:YELP) is trading at $26.85 per share. At 951,447 shares, the company's volume so far today is 1.4 times its current daily average.

Buffalo Wild (Nasdaq:BWLD) is at a share price of $73.55 after a sharp decline of 11.9%. So far today, 1.2 million shares of the company's stock have changed hands.

Currently trading at $30.16 per share, Brinker International (NYSE:EAT) has fallen 9.8%. The company's volume is currently 5.1 million shares for the day, 4.3 times its average over the past three months.

Slipping 9.7%, Six Flags (NYSE:SIX) is currently trading at $56.30 per share. The company's volume for the day so far is 2.1 million shares.

Rising 9.6%, Millennial Media (NYSE:MM) is currently trading at $15.62 per share. The company's volume is currently 5.2 million shares for the day, 9.2 times the current daily average.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. Daily stock performance should be weighed against historical performance and put in context of the market overall. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

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