Services Sector Gainers; Renren Inc (NYSE:RENN), DryShips Inc. (NASDAQ:DRYS), Lions Gate Entertainment (NYSE:LGF), AirMedia Group (NASDAQ:AMCN)

Technology Stocks News 14

Renren Inc (NYSE:RENN) options set a new 90-day record for the number of contracts that exchanged hands between the buyers and the sellers on both the call and put side. Renren Inc (NYSE:RENN) stock performance was 22.56% in last session and finished the day at $4.78. Traded volume was 16.87million shares in the last session and the average volume of the stock remained 1.91million shares. Renren Inc (NYSE:RENN) insider ownership is 3%.

DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc., of off-shore contract drilling oil services, announced that its annual report on Form 20-F for the year ended December 31, 2013 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission. DryShips Inc. (NASDAQ:DRYS) rose 6.70 percent to $4.14 yesterday on volume of 19.66million shares. The intra-day range of the DryShips Inc. (NASDAQ:DRYS) stock was $3.96 to $4.15. DryShips Inc. (NASDAQ:DRYS) has a market capitalization of $1.67billion.

Lions Gate Entertainment Corp. (USA) (NYSE:LGF) said its fiscal third-quarter earnings surged as the entertainment company’s revenue benefited from the latest “Hunger Games” box-office hit and as well as revenue growth in most of its other business segments. Lions Gate Entertainment Corp. (USA) (NYSE:LGF)’s stock on Mar 05, 2014 reported a increase of 7.08% to the closing price of $31.92. Its fifty two weeks range is $21.65 -$37.81. The total market capitalization recorded $4.41billion. The overall volume in the last trading session was 3.86million shares. In its share capital, has 137.95million outstanding shares.

AirMedia Group Inc. (ADR) (NASDAQ:AMCN), a leading operator of out-of-home advertising platforms in China targeting mid-to-high-end consumers, today announced its unaudited financial results for the fourth quarter and the full year ended December 31, 2013. On Wednesday, shares of AirMedia Group Inc (ADR) (NASDAQ:AMCN) advanced 14.80% to close the day at $3.18. Company return on investment (ROI) is -15.00% and its monthly performance is recorded as 56.65%. AirMedia Group Inc (ADR) (NASDAQ:AMCN) quarterly revenue growth is 89.29%.

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