Services sector Decliners: Lightinthebox Holding (NYSE:LITB), InterCloud Systems (NASDAQ:ICLD), Shutterstock (NYSE:SSTK), Corporate Resource Services (NASDAQ:CRRS), Gordmans Stores (NASDAQ:GMAN)

Technology Stocks News 3

LightInTheBox Holding Co. Ltd-ADR (NYSE:LITB), which sells Chinese-made goods to customers overseas, sank 7.5 percent. It was the worst performer on the Bloomberg China-US Equity Index (HSCEI), which slid 1.3 percent to 107.13 in the steepest decline since April 25. Lightinthebox Holding Co Ltd-ADR (NYSE:LITB) stock performance was -6.42% in last session and finished the day at $5.98. Traded volume was 509,651.00million shares in the last session and the average volume of the stock remained 332.61K shares.

InterCloud Systems, Inc. (NASDAQ:ICLD) announced 26 June 2014 that it has been awarded a contract to provide managed services for a state of the art wireless and mobility network for a large Texas-based multinational corporation. InterCloud will leverage the advanced technologies of its client, which will include location based services and a robust analytics engine, to provide detailed information about their users and enhance their customer experience. InterCloud Systems Inc (NASDAQ:ICLD) dropped -7.07 percent to $5.39 Tuesday on volume of 434,688.00million shares. The intra-day range of the stock was $5.23 to $5.79. InterCloud Systems Inc (NASDAQ:ICLD) has a market capitalization of $60.27million.

Shutterstock Inc (NYSE:SSTK) COO Thilo Semmelbauer sold 5,000 shares of Shutterstock stock on the open market in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $84.59, for a total value of $422,950.00. Following the sale, the chief operating officer now directly owns 387,649 shares in the company, valued at approximately $32,791,229. Shutterstock Inc (NYSE:SSTK)’s stock on July 08, 2014 reported a decrease of -6.74% to the closing price of $77.07. Its fifty two weeks range is $48.05 -$103.01. The total market capitalization recorded $2.71billion. The overall volume in the last trading session was 355,603.00million shares. In its share capital, SSTK has 35.20million outstanding shares.

Corporate Resource Services, Inc. (NASDAQ:CRRS), a diversified technology, staffing, recruiting, and consulting services firm, announced reaching an all-time high of weekly sales of more than $20 million. On Tuesday, shares of Corporate Resource Services Inc (NASDAQ:CRRS) dropped -5.95% to close the day at $2.53. Company return on investment (ROI) is 11.50% and its monthly performance is recorded as 2.43%. Corporate Resource Services Inc (NASDAQ:CRRS) quarterly revenue growth is -6.99%.

Gordmans Stores, Inc. (NASDAQ:GMAN), an Omaha-based apparel and home decor retailer, announces two leadership appointments: Amy Starr Myers has joined Gordmans’ executive leadership team as senior vice president of marketing; Stacey M. Townsend will launch the company’s eCommerce business as vice president and general manager of eCommerce. Gordmans Stores, Inc. (NASDAQ:GMAN) stock performance was -6.74% in last session and finished the day at $4.15. Traded volume was 132,629.00million shares in the last session and the average volume of the stock remained 168.16K shares. The beta of the stock remained 1.41. Gordmans Stores, Inc. (NASDAQ:GMAN) insider ownership is 1.70%.

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