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Wednesday's Small-Cap Winners & Losers

Cytokinetics (CYTK - Get Report) soared 19% after it announced it will partner with fellow California biotech Amgen (AMGN - Get Report) in a $75 million cash-and-stock deal for the development of small-molecule heart-failure treatments.

Cytokinetics shares were trading up $1.42 to $8.90. Amgen shares were rising $1, or 1.5%, to $69.31.

PFSweb (PFSW - Get Report) shares swelled on word Riverbed Technology (RVBD - Get Report) had hired the Texas-based outsourcer to perform, among other things, final product assembly for Riverbed's wide-area data services product lines.

PFSweb shares were jumping 30 cents, or 27.3%, to $1.40. Riverbed was up 55 cents, or 1.8%, to $31.25.

Agilysys (AGYS - Get Report) surged after saying it will sell its KeyLink Systems Group subsidiary to Arrow Electronics (ARW) for $485 million. The transaction will probably close by March 31.

The Boca Raton, Fla.-based company will also buy back up to 6 million shares as soon as possible after the KeyLink transaction closes. Agilysys shares were up $3.17, or 18.9%, to $19.91. Arrow shares were adding 88 cents, or 2.8%, to $32.43.

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BIOM $0.00 0.00%
AGYS $10.07 2.03%
AMGN $165.97 1.46%
CECE $11.80 0.51%
CYTK $7.12 2.45%


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S&P 500 2,100.40 +19.22 0.92%
NASDAQ 4,994.6020 +62.7870 1.27%

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