Services Sector New Highs: Sonic (NASDAQ:SONC), Alaska Air Group (NYSE:ALK), Old Dominion Freight Line (NASDAQ:ODFL), Knightsbridge Tankers (NASDAQ:VLCCF)

Technology Stocks News 6

Sonic Corp. (NASDAQ:SONC), the nation’s largest chain of drive-in restaurants announced that it will release results for the quarter ended February 28, 2014 after the market close on March 24, 2014. Sonic Corporation (NASDAQ:SONC) stock performance was 1.19% in last session and finished the day at $22.06. Traded volume was 699,330.00 shares in the last session and the average volume of the stock remained 749,047.00 shares. The beta of the stock remained 1.46. Sonic Corporation (NASDAQ:SONC) insider ownership is 3.60%.

Alaska Air Group logo Alaska Air Group (NYSE:ALK) reached a new 52-week high during trading on Monday after Cowen and Company raised their price target on the stock from $95.00 to $100.00, Analyst Ratings Network reports. Cowen and Company currently has an outperform rating on the stock. Alaska Air Group traded as high as $93.09 and last traded at $91.96, with a volume of 602,854 shares. The stock had previously closed at $91.49. Alaska Air Group, Inc. (NYSE:ALK) rose 0.45% to $91.90 yesterday on volume of 795,184.00 shares. The intra-day range of the stock was $90.57 – $93.09. Alaska Air Group, Inc. (NYSE:ALK) has a market capitalization of 6.37 billion.

On March 10, 2014, Old Dominion Freight Line, Inc. (NASDAQ:ODFL) issued a press release to provide an update on its expectations for certain operating metrics for the first quarter of 2014. Old Dominion Freight Line (NASDAQ:ODFL)’s stock on March 17, 2014 reported a higher of 0.72% to the closing price of $57.02. Its fifty two weeks range is $35.17 – $57.48. The total market capitalization recorded 4.91 billion. The overall volume in the last trading session was 807,794.00 shares. In its share capital, Old Dominion Freight Line (NASDAQ:ODFL) has 86.17 million outstanding shares.

Knightsbridge Tankers (NASDAQ:VLCCF) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Thursday, American Banking and Market News reports. The firm currently has a $13.70 price target on the stock. Zacks‘s price target indicates a potential downside of 2.14% from the stock’s previous close. On Monday, shares of Knightsbridge Tankers Limited (NASDAQ:VLCCF) advanced 1.79% to close the day at $14.25. Company return on investment (ROI) is 1.70% and its monthly performance is recorded as 41.65%. Knightsbridge Tankers Limited (NASDAQ:VLCCF) quarterly revenue growth is 81.30%.

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