Services Sector Unusual Volume: Chico’s FAS (NYSE:CHS), Companhia Brasileira de Distrib (NYSE:CBD), Controladora Vuela (NYSE:VLRS), LivePerson, Inc. (NASDAQ:LPSN)



Chico’s FAS, Inc. (NYSE:CHS), the operator of more than 1,400 women’s clothing stores, rose the most in more than two years after Leonard Green & Partners LP disclosed a 1.3 percent stake in the company. Chico’s FAS, Inc. (NYSE:CHS) stock performance was 8.43% in last session and finished the day at $16.97. Traded volume was 11.76million shares in the last session and the average volume of the stock remained 2.21million shares. The beta of the stock remained 1.92. Chico’s FAS, Inc. (NYSE:CHS) insider ownership is 2.10%.

Investors certainly have to be happy with Companhia Brasileira de Distrib. (ADR) (NYSE:CBD) and its short term performance. After all, the stock has jumped by 10.5% in the past 4 weeks, and it is also above its 20 Day Simple Moving Average as well. It is pretty encouraging that estimates for CBD have moved higher in the past few weeks, meaning that analyst sentiment is moving in the right way. Plus, the stock actually has a Zacks Rank #1 (Strong Buy). Companhia Brasileira de Distrib. (ADR) (NYSE:CBD) rose 0.45 percent to $48.74 Tuesday on volume of 1.63 million shares. The intra-day range of the stock was $48.21 to $49.77. Companhia Brasileira de Distrib. (ADR) (NYSE:CBD) has a market capitalization of $12.67billion.

Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS), which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #5 (Strong Sell) further confirms weakness in VLRS. Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS)’s stock on Apr 08, 2014 reported a decrease of -4.41% to the closing price of $7.37. Its fifty two weeks range is $6.90 -$7.81. The total market capitalization recorded $745.75million. The overall volume in the last trading session was 3.10million shares. In its share capital, VLRS has 88.77million outstanding shares.

LivePerson Inc. (NASDAQ:LPSN) issued an update on its first quarter earnings guidance on Tuesday morning. The company provided EPS guidance of $0.04-0.06 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.05,American Banking News reports. Analysts at Benchmark Co. downgraded shares of LivePerson Inc. (NASDAQ:LPSN) from a buy rating to a hold rating in a research note on Tuesday. On Tuesday, shares of LivePerson, Inc. (NASDAQ:LPSN) dropped -3.95% to close the day at $10.71. Company return on investment (ROI) is -2.50% and its monthly performance is recorded as -13.84%. LivePerson, Inc. (NASDAQ:LPSN) quarterly revenue growth is -28.36%.

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