Services Sector Losers: Pandora Media Inc. (NYSE:P), E Commerce China Dangdang Inc. (NYSE:DANG), Netflix, Inc. (NASDAQ:NFLX), Zulily (NASDAQ:ZU)

Pandora Media Inc. (NYSE:P) on the basis of change in net income from the same quarter one year ago, has significantly underperformed against the S&P 500 and did not exceed that of the Internet Software & Services industry. The net income has decreased by 1.2% when compared to the same quarter one year ago, dropping from -$28.59 million to -$28.93 million. Pandora Media Inc. (NYSE:P) shares after opening at $24.72 moved to $24.99 on last trade day and at the end of the day closed at $22.52. Company price to sales ratio in past twelve months was calculated as 6.92 and price to cash ratio as 13.56. Pandora Media Inc. (NYSE:P) showed a negative weekly performance of -5.85%.

E-Commerce China Dangdang Inc. (NYSE:DANG), a leading business-to-consumer e-commerce company in China, announced that it will release its financial results for the first quarter ended March 31, 2014 before the market open on May 15, 2014. Dangdang’s management will host a corresponding conference call at 8:00 A.M. Eastern Time (or 8:00 P.M. Beijing/Hong Kong time) on that day. E Commerce China Dangdang Inc. (ADR) (NYSE:DANG) shares fell -7.93% in last trading session and ended the day on $10.57. DANG return on equity ratio is recorded as -24.00% and its return on assets is -4.10%. E Commerce China Dangdang Inc. (ADR) (NYSE:DANG) yearly performance is 154.09%.

In the latest broadband breakthrough for Netflix Inc. (NASDAQ:NFLX) the online giant has struck a deal with Sudden link Communications to stream to the MSO’s cable set-top boxes. Netflix, Inc. (NASDAQ:NFLX) shares moved down -5.28% in last trading session and was closed at $326.19, while trading in range of $325.64 – $347.72. Netflix, Inc. (NASDAQ:NFLX) year to date (YTD) performance is -11.40%.

Fast-growing Internet retailer Zulily Inc. (NASDAQ:ZU) first-quarter net loss nearly doubled, as soaring sales were accompanied by an order backlog that pushed up its expenses and lengthened shipping times. Zulily made its public trading debut in November and has attracted an enthusiastic following for its limited-time sales of clothing and accessories for women, babies and children. The results for the first three months of the year, however, highlighted a weakness in the company’s business model a shipping method that leads to lengthy delivery times and is susceptible to logjams. Zulily Inc. (NASDAQ:ZU) weekly performance is 9.81%. On last trading day company shares ended up $45.89. Zulily Inc. (NASDAQ:ZU) distance from 50-day simple moving average (SMA50) is -13.96%. Analysts mean target price for the company is $53.60.