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Biggest Services Stocks Losers were GYMB, PFSW, LOV by Penny Stock Pick Alert

Gymboree ,PFSweb, Spark Networks were the Biggest Services Stocks Losers as reported by Penny Stock Pick Alert.

 



(EMAILWIRE.COM, November 06, 2009 ) Dallas, TX - The Gymboree Corporation (NASDAQ:GYMB) declined 4.87% to $41.41 on over 2.48 million shares after the company announced that for the third quarter of 2009, it expects earnings to be in the range of $1.10-$1.13 per diluted share. This represents an improvement from prior guidance for the third fiscal quarter 2009 range of $1.05-$1.10 per diluted share. According to Reuters Estimates, analysts are expecting the Company to report EPS of $1.09 for the same period.


PFSweb, Inc. (NASDAQ:PFSW) was one of the losers and declined 5.13% to close at $1.48. The stock hit an intraday high and low of $1.55 and $1.45 respectively. In the last six months the stock has rallied over 18%. PFSweb, Inc. is an international provider of integrated eCommerce and business process outsourcing solutions. The Company operates in three business segments: eCommerce and business process outsourcing, a master distributor, and an online discount retailer.


Spark Networks Inc (AMEX:LOV) was one of the most active stocks as it declined over 5.15% to close at $2.76 after the company today reported financial results for the third quarter ended September 30, 2009. Revenue for the third quarter of 2009 was $11.1 million, a decrease of 21% compared to $14.0 million in the third quarter of 2008, and a 2% decrease compared to $11.2 million for the prior quarter. Revenue for the first nine months of 2009 was $34.3 million, a 22% decrease compared to $44.1 million for the same period last year.


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