Services Sector Most Active: J.C. Penney Company (NYSE:JCP), Sirius XM Holdings (NASDAQ:SIRI), McDonald’s Corporation (NYSE:MCD), Rite Aid (NYSE:RAD)



J.C. Penney Company, Inc. (NYSE:JCP) received a vote of confidence and a rare Wall Street upgrade on Tuesday. The Plano-based department store was labeled an “American comeback story” by Citigroup’s retail analyst Oliver Chen, who upgraded the retailer’s stock from “neutral” to “buy” on Tuesday. J.C. Penney Company, Inc. (NYSE:JCP) stock performance was 2.97% in last session and finished the day at $8.67. Traded volume was 54,010,112 million shares in the last session and the average volume of the stock remained 29.40million shares. The beta of the stock remained 2.01. J.C. Penney Company, Inc. (NYSE:JCP) insider ownership is 0.20%.

Sirius XM Holdings Inc. (NASDAQ:SIRI) has experienced an influx of options activity this afternoon, with both calls and puts trading well ahead of their respective intraday averages. Most active by a mile is the satellite radio issue’s June 4 call, where 19,256 contracts are on the tape. Sirius XM Holdings Inc (NASDAQ:SIRI) dropped -1.15 percent to $3.43 yesterday on volume of 66.79 million shares. The intra-day range of the stock was $3.43to $3.50.

McDonald’s Co. (NYSE:MCD) saw unusually large options trading activity on Tuesday. Traders purchased 12,054 put options on the company, Analyst Ratings Network.com reports. This is an increase of approximately 180% compared to the average volume of 4,304 put options. McDonald’s Corporation (NYSE:MCD)’s stock on Mar 11, 2014 reported a increase of 3.76% to the closing price of $98.78. Its fifty two weeks range is $92.22 -$103.70. The total market capitalization recorded $97.78 billion. The overall volume in the last trading session was 16,315,671 million shares. In its share capital, McDonald’s Corporation (NYSE:MCD) has 999.30 million outstanding shares.

Rite Aid Corporation has launched the Rite Aid Corporation (NYSE:RAD) Health Alliance, a care collaboration between providers focusing on patients with chronic conditions in select US locations. The program will be available at Rite Aid pharmacies in Buffalo, NY; Greensboro and High Point, NC; and greater Los Angeles. On Tuesday, shares of Rite Aid Corporation (NYSE:RAD) advanced 0.16% to close the day at $6.44. Company return on investment (ROI) is 21.20% and its monthly performance is recorded as 3.86%. Rite Aid Corporation (NYSE:RAD) quarterly revenue growth is 2.92%.

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