Services Sector Review: Winning and Losing Stocks on Jan 9th

Wall St. Watchdog reveals information about today’s action in the Services (NYSE:IYC) sector:

Gainers (% price change)

Saga Communications, Inc. (NYSE:SGA): The shares closed at $38.03, up $15.5, or 68.8%, on the day. Its market capitalization is $159.90 million.

R.R. Donnelley & Sons Co. (NASDAQ:RRD): The shares closed at $21.33, up $6.87, or 47.51%, on the day. Its market capitalization is $4.38 billion.

Netflix, Inc. (NASDAQ:NFLX): Despite Netflix rising over 30% already this year, Whitney Tilson reckons the stock “should go crazy to the upside.” Tilson gives four reasons: the Street overreacted to the downside; Netflix is an easy acquisition for large players; its new services in the U.K. and Ireland; and U.S. subscriber growth is growing again.

The shares closed at $98.18, up $11.89, or 13.78%, on the day. Its market capitalization is $5.15 billion.

eLong, Inc. (NASDAQ:LONG): The shares closed at $16.12, up $1.32, or 8.92%, on the day. Its market capitalization is $544.63 million.

O’Charley’s Inc. (NASDAQ:CHUX): The shares closed at $6.02, up $0.42, or 7.5%, on the day. Its market capitalization is $132.25 million.

Losers (% price change)

Zale Corporation (NYSE:ZLC): The shares closed at $3.33, down $0.34, or 9.26%, on the day. Its market capitalization is $107.20 million.

NutriSystem Inc. (NASDAQ:NTRI): The shares closed at $14.31, down $1.04, or 6.81%, on the day. Its market capitalization is $402.02 million.

Franklin Covey Co. (NYSE:FC): The shares closed at $8.24, down $0.48, or 5.5%, on the day. Its market capitalization is $146.26 million.

hhgregg, Inc. (NYSE:HGG): Hhgregg trades lower today after shares went on a roller coaster ride last week. Schaeffer’s Investment Research says all the hubbub is attributable to some heavy options trading on the bearish side that’s dominating action.

The shares closed at $13.13, down $0.68, or 4.92%, on the day. Its market capitalization is $486.37 million.

Regis Corporation (NYSE:RGS): Haircut chain parent Regis reports its FQ2 revenue missed analysts’ expectations, slipping 2% to $563M vs. $570M consensus and $574M in the year-ago period. Same-store sales fell 3%, nearly matching FQ1’s 3.1% decline, while service customer visitation trends improved slightly Q/Q.

The shares closed at $15.69, down $0.81, or 4.91%, on the day. Its market capitalization is $905.56 million.