Bearish Stocks At Services Sector: Pandora Media Inc (NYSE:P), Netflix (NASDAQ:NFLX), The Wet Seal (NASDAQ:WTSL), dELiA*s (NASDAQ:DLIA)



Notable decliner Monday was Internet radio company Pandora Media Inc. (NYSE:P), which fell almost 8% to $31.39 a share. The music publication Billboard reported that Apple is considering launching an iTunes app that would work with Google’s Android-based mobile devices. Pandora Media Inc (NYSE:P) stock performance was -7.70% in last session and finished the day at $31.39. Traded volume was 13.62million shares in the last session and the average volume of the stock remained 8.33million shares. Pandora Media Inc (NYSE:P) insider ownership is 1.00%.

Disney’s seen the light, embracing the shift to streaming by teaming with Netflix Inc (NASDAQ:NFLX) on a few exclusive deals. But this relationship with the premier name in web streaming didn’t help Disney today, as Netflix Inc. (NASDAQ:NFLX) stock took a 6.7% dive. Apparently the largest publicly traded company in the world, Apple is in talks with Comcast to offer a streaming service that would directly compete with Netflix Inc. (NASDAQ:NFLX). Netflix, Inc. (NASDAQ:NFLX) dropped -6.67 percent to $378.90 Monday on volume of 3.00million shares. The intra-day range of the stock was $368.60 to $406.45. Netflix, Inc. (NASDAQ:NFLX) has a market capitalization of $22.66billion.

The Wet Seal, Inc. (NASDAQ:WTSL) is lower again today after B. Rily downgraded the stock to Sell. Shares fell nearly 19 percent on the session. The Wet Seal, Inc. (NASDAQ:WTSL)’s stock on Mar 24, 2014 reported a decrease of -18.71% to the closing price of $1.26. Its fifty two weeks range is $1.25 -$5.20. The total market capitalization recorded $106.75million. The overall volume in the last trading session was 4.68million shares. In its share capital, WTSL has 83.73million outstanding shares.

dELiA*s, Inc. (NASDAQ:DLIA), a multi-channel retail company primarily marketing to teenage girls, today announced the results for its fourth quarter of fiscal 2013 (consisting of 13 weeks compared to the fourth quarter of 2012, which consisted of 14 weeks) and fiscal year 2013 (consisting of 52 weeks compared to fiscal year 2012, which consisted of 53 weeks). dELiA*s, Inc. (NASDAQ:DLIA) results for all periods presented reflect its former Alloy business as a discontinued operation. All financial results in this press release are for continuing operations only unless otherwise stated. On Monday, shares of dELiA*s, Inc. (NASDAQ:DLIA) dropped -10.81% to close the day at $0.901. Company return on investment (ROI) is -50.60% and its monthly performance is recorded as 18.42%. dELiA*s, Inc. (NASDAQ:DLIA) quarterly revenue growth is -8.16%.

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