Services Sector

Services Sector Top Losers: Central European Media (NASDAQ:CETV), Darden Restaurants (NYSE:DRI), Zulily (NASDAQ:ZU), Denny’s Corporation (NASDAQ:DENN)

Central European Media Enterprises Ltd. (NASDAQ:CETV) shares jumped more than 92 percent in the last trading session before settling up almost 75 percent to $4.74. There were two reasons to explain the surge of the stock. First was that the company reported financial results which showed narrow loss compared to the same quarter of last year. Central European Media Enterprises Ltd. (NASDAQ:CETV) stock performance was -11.29% in last session and finished the day at $4.20. Traded volume was 4,233,868 million shares in the last session and the average volume of the stock remained 1.13 million shares. The beta of the stock remained 3.01. Central European Media Enterprises Ltd. (NASDAQ:CETV) insider ownership is 51.85%.

Darden Restaurants Inc. (NYSE:DRI), the parent of Olive Garden and Red Lobster, slumped after the company said rough winter weather is expected to reduce quarterly results as sales continue to slide at its two flagship chains. It said sales are expected to drop 5.4 percent at Olive Gardens open at least a year. Darden Restaurants, Inc. (NYSE:DRI) -5.35 dropped percent to $48.33 yesterday on volume of 3.78 million shares. The intra-day range of the stock was $48.07 to $49.50. Darden Restaurants, Inc. (NYSE:DRI) has a market capitalization of $6.34 million.

Zulily Inc (NASDAQ:ZU)is coming off an epic week. The Seattle online retailer blew past Wall Street estimates, doubling sales in 2013 to $695 million. Zulily Inc (NASDAQ:ZU)’s stock on Mar 3, 2014 reported a decrease of -5.04% to the closing price of $64.94. Its fifty two weeks range is $34.19 -$73.50. The total market capitalization recorded $15.22 billion. The overall volume in the last trading session was 2,185,903 million shares. In its share capital, Zulily Inc (NASDAQ:ZU) has 122.07 million outstanding shares.

TheStreet upgraded shares of Denny’s Corp. (NASDAQ:DENN) from a hold rating to a buy rating in a report released on Friday, American Banking & Market News reports. On Monday, shares of Denny’s Corporation (NASDAQ:DENN) dropped -6.91% to close the day at $6.33. Company return on investment (ROI) is 19.80% and its monthly performance is recorded as-9.05%. Denny’s Corporation (NASDAQ:DENN) quarterly revenue growth is -12.81%.