Services Sector Most Volatile: Scientific Games Corp (NASDAQ:SGMS), You On Demand (NASDAQ:YOD), Gray Television (NYSE:GTN), ModusLink Global (NASDAQ:MLNK)

Technology Stocks News 19

Shares of Scientific Games Corp (NASDAQ:SGMS) were charging higher after reporting fourth-quarter earnings. Scientific Games Corp (NASDAQ:SGMS) stock performance was 16.38% in last session and finished the day at $16.13. Traded volume was 5,203,351 million shares in the last session and the average volume of the stock remained 619.52 million shares. The beta of the stock remained 1.85. Scientific Games Corp (NASDAQ:SGMS) insider ownership is 1.50%.

YOU On Demand Holdings, Inc. (Nasdaq:YOD) announced that it has signed agreements with Nelvana Enterprises (“Nelvana”), Sesame Workshop and HiT Entertainment Ltd. (“HiT”) to offer popular children’s titles through its brand new YOU Kids On Demand subscription platform (“YOU Kids”), which will be launched later this year. Additional details will be released closer to the platform’s debut. You On Demand Holdings, Inc. (NASDAQ:YOD) rose 7.72 percent to $ 5.30 yesterday on volume of 3.45 million shares. The intra-day range of the stock was $4.93 to $5.75. You On Demand Holdings, Inc. (NASDAQ:YOD) has a market capitalization of $83.71 million.

Zacks upgraded shares of Gray Television (NYSE:GTN) from a neutral rating to an outperform rating in a research note released on Wednesday morning, Analyst RN reports. They currently have $12.40 target price on the stock. Gray Television, Inc. (NYSE:GTN)’s stock on Mar13, 2014 reported a decrease of -5.82% to the closing price of $10.52. Its fifty two weeks range is $4.13 -$15.17. The total market capitalization recorded $613.17 million. The overall volume in the last trading session was 3,527,451 million shares. In its share capital, Gray Television, Inc. (NYSE:GTN) has 57.71 million outstanding shares.

Moduslink Global Solutions, Inc. (NASDAQ:MLNK) is in need of money, no doubt. And the company has now turned to convertible senior notes to raise at least some of the money it needs. The money to be realized through the offering of the senior notes has been earmarked for growth and various corporate spending. On Thursday, shares of ModusLink Global Solutions, Inc. (NASDAQ:MLNK) dropped -17.59% to close the day at $4.03. Company return on investment (ROI) is -20.40% and its monthly performance is recorded as -15.87 %. ModusLink Global Solutions, Inc. (NASDAQ:MLNK) quarterly revenue growth is 4.95%.

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