Services Sector Losers In Focus: Pandora Media Inc (NYSE:P), E Commerce China Dangdang (NYSE:DANG), Rocket Fuel (NASDAQ:FUEL), Wageworks (NYSE:WAGE)

Technology Stocks News 9

Pandora Media Inc (NYSE:P) very recently launched the results of the first quarter of this year. The results do not look good at all. Pandora is reportedly running into losses this year. Such a performance was hardly expected by a company whose share prices almost doubled within a year’s period. Pandora Media Inc (NYSE:P) stock performance was -16.63% in last session and finished the day at $23.51. Traded volume was 32.75million shares in the last session and the average volume of the stock remained 9.94million shares. Pandora Media Inc (NYSE:P) insider ownership is 0.90%.

“Although three decades have past since 1980s, PKUers still retain the love knot for books,” said by Li Guoqing, the CEO of E-commerce China Dangdang Inc. (ADR) (NYSE:DANG), during the Writers Forum of Dangdang’s 8th Online Book Festival on April 15th. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) dropped -8.07 percent to $11.39 Friday on volume of 4.04million shares. The intra-day range of the stock was $11.32 to $12.17. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) has a market capitalization of $916.54million.

Rocket Fuel Inc (NASDAQ:FUEL), a front-running provider of artificial-intelligence advertising solutions for digital marketers and TransUnion have announced their partnership to boost the return on investment for advertising initiatives of financial institutions. Rocket Fuel Inc (NASDAQ:FUEL)’s stock on Apr 25, 2014 reported a decrease of -11.87% to the closing price of $31.04. Its fifty two weeks range is $30.51 -$71.89. The total market capitalization recorded $1.09billion. The overall volume in the last trading session was 1.25million shares. In its share capital, FUEL has 35.05million outstanding shares.

WageWorks Inc. (NYSE:WAGE), which signed a new lease for 76,162 square feet at 1850 W. Rio Salado Parkway, which marked the first tenant agreement to be signed at the Liberty Center at Rio Salado, the company’s new Class A LEED Silver office development. Accurate performance data on WageWorks can be found together with the company earnings release.

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