Services Sector Bearish Stocks: Caesars Acquisition Company (NASDAQ:CACQ), Charles & Colvard (NASDAQ:CTHR), Caesars Entertainment (NASDAQ:CZR), Birks Group (NYSEMKT:BGI)



Caesars Interactive WSOP and the New York Rangers have teamed up in a new partnership deal that will see WSOP.com, one of the leading online gaming portals in New Jersey as the exclusive online gaming partner of the Rangers. CIE is a subsidiary of Caesars Acquisition Company (NASDAQ:CACQ) and Caesars Growth Partners, LLC. Caesars Acquisition Company (NASDAQ:CACQ) stock performance was -5.85% in last session and finished the day at $14.00. Traded volume was 504,329.00million shares in the last session and the average volume of the stock remained 608.73K shares.

Charles & Colvard, Ltd. (NASDAQ:CTHR) direct sales division, Lulu Avenue, has signed a new exclusive, design and license agreement with Frances Gadbois, effective immediately. Its prior license agreement with JudeFrances Jewelry was terminated with mutual consent of both parties. Charles & Colvard, Ltd. (NASDAQ:CTHR) dropped -6.98 percent to $2.93 Friday on volume of 576,867.00million shares. The intra-day range of the stock was $2.85 to $3.20. Charles & Colvard, Ltd. (NASDAQ:CTHR) has a market capitalization of $58.94million.

Caesars Entertainment Corporation (NASDAQ:CZR) announced today the commencement of an underwritten public offering of 7 million shares of its common stock. Caesars Entertainment Corp (NASDAQ:CZR)’s stock on Mar 28, 2014 reported a decrease of -7.40% to the closing price of $19.52. Its fifty two weeks range is $11.84 -$26.74. The total market capitalization recorded $2.68billion. The overall volume in the last trading session was 5.43million shares. In its share capital, CZR has 137.16million outstanding shares.

Birks Group Inc. (NYSEMKT:BGI) announced that comparable store sales during the holiday season (for the period from November 3, 2013 through December 28, 2013) decreased by 1% on a consolidated basis compared to last year’s holiday season (for the period from November 4, 2012 through December 29, 2012). On Friday, shares of Birks Group Inc (NYSEMKT:BGI) dropped -7.59% to close the day at $1.10. Company return on investment (ROI) is 8.60% and its monthly performance is recorded as -4.35%. Birks Group Inc (NYSEMKT:BGI) quarterly revenue growth is -16.03%.

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