Services Sector Top Gainers: Renren Inc. (NYSE:RENN), Vipshop Holdings (NYSE:VIPS), The Bon-Ton Stores (NASDAQ:BONT), Zulily Inc. (NASDAQ:ZU)

Technology Stocks News 5

Renren Inc. (NYSE:RENN) has been contacted by the NYSE in view of the unusual market activity in the company’s American Depositary Shares on Wednesday, March 5, in accordance with its usual practice. Renren Inc. (NYSE:RENN) stock performance was 5.77% in last session and finished the day at $4.03. Traded volume was 4.74 million shares in the last session and the average volume of the stock remained 2.96 million shares. Renren Inc. (NYSE:RENN) insider ownership is 7.91%.

Vipshop Holdings Ltd. (NYSE:VIPS) led gains among American depositary receipts for Chinese internet companies on Wednesday. The Internet retailer said it raised the amount of a convertible senior notes offering by 38% to $550 million and that certain shareholders would make a public offering of 1.14 million ADSs at $143.74 each. Vipshop Holdings Ltd – ADR (NYSE:VIPS) rose 7.97% to $155.19 yesterday on volume of 4.57 million shares. The intra-day range of the stock was $142.50 – $157.20. Vipshop Holdings Ltd – ADR (NYSE:VIPS) has a market capitalization of 8.60 billion.

Bon-Ton Stores (NASDAQ:BONT) shares shot up 6.2% during mid-day trading on Wednesday following a better than expected earnings announcement, AnalystRatings.NET reports. The company traded as high as $10.57 and last traded at $10.42, with a volume of 1,372,095 shares. The stock had previously closed at $9.81. The Bon-Ton Stores, Inc. (NASDAQ:BONT)’s stock on March 12, 2014 reported a higher of 7.03% to the closing price of $10.50. Its fifty two weeks range is $9.12 – $22.68. The total market capitalization recorded 201.62 million. The overall volume in the last trading session was 1.51 million shares. In its share capital, The Bon-Ton Stores, Inc. (NASDAQ:BONT) has 19.20 million outstanding shares.

Zulily, Inc. (NASDAQ:ZU) is an e-commerce company. The Company, through its desktop and mobile Websites and mobile applications, which it refers to as its sites, helps its customers discover new and unique products. The Company provides moms with a selection of over 4,500 product styles offered on a typical day through various flash sales events, which are limited-time curated online sales of selected products launched each day on its sites. On Wednesday, shares of Zulily Inc. (NASDAQ:ZU) advanced 8.73% to close the day at $63.40. Company return on investment (ROI) is 19.00% and its monthly performance is recorded as 64.72%. Zulily Inc. (NASDAQ:ZU) quarterly revenue growth is 70.94%.

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