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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) 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 -30.00%
AGYS $10.60 -5.27%
AMGN $160.56 -0.27%
CECE $6.54 -1.65%
CYTK $8.26 4.82%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

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