Services Sector Stocks Top Losers: KBR (NYSE:KBR), UTi Worldwide (NASDAQ:UTIW), RetailMeNot (NASDAQ:SALE), Zulily (NASDAQ:ZU)

Technology Stocks News 18

Global engineering and construction company KBR, Inc. (NYSE:KBR) is the biggest midday loser this Friday. Its stock price dipped -14.68% following the release of some rough earnings results. KBR, Inc. (NYSE:KBR) stock performance was -13.53% in last session and finished the day at $27.62. Traded volume was 0.00 shares in the last session and the average volume of the stock remained 1.97 million shares. The beta of the stock remained 1.40. KBR, Inc. (NYSE:KBR) insider ownership is 0.40%.

Logistics company UTi Worldwide Inc said it had breached some debt covenants and would report a loss for the fourth quarter due to a weak air freight market, sending its shares down as much as 28 percent in early trading. UTi Worldwide Inc. (NASDAQ:UTIW) dropped -8.55% to $9.84 yesterday on volume of 0.00 shares. The intra-day range of the stock was $9.76 – $10.83. UTi Worldwide Inc. (NASDAQ:UTIW) has a market capitalization of 1.03 billion.

Although we don’t believe in timing the market or panicking over market movements, we do like to keep an eye on big changes — just in case they’re material to our thesis. RetailMeNot Inc. (NASDAQ:SALE)’s stock on February 28, 2014 reported a lower of -11.09% to the closing price of $41.77. Its fifty two weeks range is $25.51 – $48.73. The total market capitalization recorded 2.13 billion. The overall volume in the last trading session was 0.00 shares. In its share capital, RetailMeNot Inc. (NASDAQ:SALE) has 50.88 million outstanding shares.

Although we don’t believe in timing the market or panicking over market movements, we do like to keep an eye on big changes — just in case they’re material to our investing thesis. On Friday, shares of Zulily Inc. (NASDAQ:ZU) dropped -5.99% to close the day at $68.39. Company return on investment (ROI) is 19.00% and its monthly performance is recorded as 66.36%. Zulily Inc. (NASDAQ:ZU) quarterly revenue growth is 95.40%.

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