Finance

Services Sector Losers: Renren (NYSE:RENN), E Commerce China Dangdang (NYSE:DANG), Central European Media Enterprises (NASDAQ:CETV), Orbitz Worldwide (NYSE:OWW)

Shares of Chinese social networking company Renren (NYSE:RENN) sank 13% today after its quarterly results and outlook disappointed Wall Street. Renren Inc (NYSE:RENN) stock performance was -9.81% in last session and finished the day at $3.40. Traded volume was million shares in the last session and the average volume of the stock remained 12,148,587 million shares. Renren Inc (NYSE:RENN) insider ownership is 7.91%.

E Commerce China Dangdang Inc (ADR) (NYSE:DANG) dropped -6.67 percent to $15.81 yesterday on volume of 6.66 million shares. The intra-day range of the stock was $15.52 to $16.89. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) has a market capitalization of $1.27 billion. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) announced that Mr. Jun Zou, the chief financial officer of the Company, has tendered his resignation for personal reasons. His resignation will be effective on April 10, 2014.

Central European Media Enterprises Ltd. (NASDAQ:CETV)’s shares dropped 9.86% to $3.89. The company on Mar. 14 announced that Ronald S. Lauder, non-executive Chairman of the Board of Directors, is resigning from the Company’s Board. Central European Media Enterprises Ltd. (NASDAQ:CETV)’s stock on Mar19, 2014 reported a decrease of -17.40% to the closing price of $ 3.56. Its fifty two weeks range is $2.03 -$6.65. The total market capitalization recorded $478.80 million. The overall volume in the last trading session was 2,760,981 million shares. In its share capital, h Central European Media Enterprises Ltd. (NASDAQ:CETV) as 145.70 million outstanding shares.

Orbitz Worldwide (NYSE:OWW) shares fell 9.3% on Wednesday after an insider sold shares in the company, Analyst Ratings.Net reports. The company traded as low as $8.08 and last traded at $8.12, with a volume of 1,646,869 shares. On Wednesday, shares of Orbitz Worldwide, Inc. (NYSE:OWW) dropped -9.16% to close the day at $8.13. Company return on investment (ROI) is 46.80% and its monthly performance is recorded as -7.82%. Orbitz Worldwide, Inc. (NYSE:OWW) quarterly revenue growth is 18.17%.