StockCall.com Provides Stock Research on Walt Disney Co., Time Warner Inc., Orbitz Worldwide Inc., and Six Flags Entertainment Corp.
New York City, New York -- (June 03, 2013)
U.S. entertainment services providers such as theme park operators are likely to benefit from an improvement in the labor market. Notwithstanding, last week’s disappointing initial jobless claims data, the U.S. labor market has continued to show signs of improvement. The improving labor market outlook has also boosted consumer confidence in the U.S. as evidenced by the final reading on Thomson Reuters/University of Michigan’s consumer sentiment index for the month of May. The improvement in the labor market, as well as the broader economy, is also likely to boost demand for business and leisure travel which will benefit online travel companies. On Friday, May 31, 2013, shares in entertainment companies ended mostly lower as the broad market fell sharply. The major movers in the sector included The Walt Disney Company (NYSE: DIS), Time Warner Inc. (NYSE: TWX), Orbitz Worldwide Inc. (NYSE: OWW), and Six Flags Entertainment Corp. (NYSE: SIX). StockCall analysts initiated preliminary technical research on DIS, TWX, OWW, and SIX. These free reports are accessible by signing today at
Shares in The Walt Disney Company fell sharply on Friday, extending their losses from previous trading sessions. The company’s shares ended the day 2.43% lower at $63.08 after trading between $63.07 and $65.03. A total of 11.28 million shares were traded which is above the daily average volume of 8.70 million. Shares of DIS have fallen over 5.40% in the last three sessions. However, despite the recent losses, the stock has gained nearly 26.70% so far in 2013, outperforming the S&P 500. The stock is currently trading over 7% below its 52-week high. The free technical analysis on DIS is available by signing up at
www.StockCall.com/DIS060313.pdf
Shares in Time Warner Inc. fell on Friday, tracking losses in the broader market. The company’s shares traded between $58.37 and $60 before finishing the day 2.03% lower at $58.37. A total of 6.74 million shares were traded which is above the daily average volume of 5.36 million. Shares of TWX have fallen nearly 3.20% in the last three sessions. However, despite the pullback, the stock is still trading close to its 52-week high of $61.73. So far this year, the stock has gained 23.30%, outperforming the S&P 500. Register now to download the free research on TWX at
www.StockCall.com/TWX060313.pdf
Shares in Orbitz Worldwide Inc. slipped on Friday, extending their losses from previous trading sessions. The company’s shares fell 1.56% to finish the day at $7.55, taking their losses in the last three sessions to over 13.30%. A total of 1.35 million shares were traded between $7.47 and $7.87. However, despite the significant drop in the last three sessions, shares of OWW have grown over 177.50% so far in 2013. Free report on OWW can be accessed by registering at
www.StockCall.com/OWW060313.pdf
Six Flags Entertainment Corp.’s stock moved lower on Friday, closing at $74.57, down 1.82% from previous trading session’s closing price. A total of 237,578 shares were traded which is below the daily average volume of 422,475. Shares of the company have fallen nearly 3.80% in the last three sessions. So far this year, the stock has gained nearly 25%, outperforming the S&P 500. The stock is currently trading above its 50- and 200-day moving averages.Register withStockCall and download the research on SIX for free at
www.StockCall.com/SIX060313.pdf
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