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Today's Biggest Services Stocks Losers were AAP, TTEK, KONG : by Penny Stock Pick Alert

Advance Auto Parts, Tetra Tech and KongZhong Corporation (ADR) were Biggest Services Stocks Losers as reported by Penny Stock Pick Alert.

 



(EMAILWIRE.COM, November 13, 2009 ) Dallas, TX - Advance Auto Parts, Inc. (NYSE:AAP) plunged 3.95% to $38.69 after the company yesterday announced that its Board of Directors has declared a regular quarterly cash dividend of $0.06 per share to be paid on January 8, 2010 to stockholders of record as of December 24, 2009. Advance Auto Parts, Inc. operates within the United States automotive aftermarket industry, which includes replacement parts, accessories, maintenance items, batteries and automotive chemicals for cars and light trucks.

Tetra Tech, Inc. (NASDAQ:TTEK) decreased 6.48% to $25.41 after the company yesterday reported an increase in profit for the fourth quarter on higher net revenue and growth in federal and international business. The company also announced its first quarter and full year guidance for 2010. Revenue declined 11.4% to $575.1 million from $649.2 million, while revenue, net of subcontractor costs, was up 5.2% to $367.0 million from $348.8 million in the year-ago period. Analysts expected revenue of $356.17 million.

KongZhong Corporation (ADR) (NASDAQ:KONG) went down 7.01% to $14.07. The stock hit an intraday high and an intraday low of $15 and $13.70 respectively. In the last six months the stock went up over 94%. KongZhong Corporation provides interactive entertainment, media and community services to mobile phone users through second-generation technology platforms, including short messaging services, interactive voice response and color ring back tone, and through 2.5G technology and operating platforms, including wireless application protocol, multimedia messaging services and Java.

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