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Services Stocks, Including China Mobile Ltd, Making Big Moves on October 22, 2012

October 22, 2012 | Filed Under »
Tickers in this Article » NLSN, NFLX, ALX, AAP, OCR, CHL, CHDN
After the morning's trading, the Nasdaq has moved up 0.3%, the S&P 500 is trading down 0.2% and the Dow has declined 0.2%.

These are the biggest movers in the Services sector (IYC) (+0.1%):
CompanyMarket CapPercentage Change
Nielsen (NYSE:NLSN)$11.36 billion-7.6%
Netflix (Nasdaq:NFLX)$3.61 billion+6.3%
Alexander\'s (NYSE:ALX)$2.14 billion+5%
Advance (NYSE:AAP)$5.02 billion-4.9%
Omnicare (NYSE:OCR)$3.68 billion+3.2%
China Mobile Ltd (NYSE:CHL)$217.43 billion+2.8%
Churchill Downs (Nasdaq:CHDN)$1.12 billion-2.6%
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Currently trading at $29.06 per share, Nielsen (NYSE:NLSN) has fallen 7.6%. So far today, 3.6 million shares of the company's stock have changed hands. This is more trading activity than there was yesterday.

After rising 6.3%, Netflix (Nasdaq:NFLX) is currently trading at a share price of $69.07. So far today, the company's volume is 3.6 million shares, 0.7 times the average daily volume.

Alexander's (NYSE:ALX) has increased to a share price of $440.56, a 5% rise. This morning, the company is trading a volume of 3,997 shares.

Advance (NYSE:AAP) is currently trading at a share price of $65.09, a 4.9% decline. So far today, the company's volume is 1.3 million shares, two times the average volume over the last three months.

Rising 3.2%, Omnicare (NYSE:OCR) is currently trading at $34.04 per share. The company's volume is currently 589,390 shares. This is on pace to reach yesterday's trading volume of 1.1 million shares.

China Mobile Ltd (NYSE:CHL) has risen 2.8% and is currently trading at $55.59 per share. So far today, the company's volume is 832,303 shares, 1.2 times the average daily volume.

At $62.34, Churchill Downs (Nasdaq:CHDN) has slipped 2.6%. The company's volume for the day so far is 25,449 shares.

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. 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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