Thursday's Small-Cap Winners & Losers
Infosonic (IFON) shares jumped more than 19% on news the San Diego-based company will continue distributing Samsung wireless devices in Argentina, Uruguay and Paraguay through year-end. Shares were rising 96 cents to $5.96.
Microvision (MVIS) surged after it announced it had developed a full-color projection display that's small enough to fit into a cell phone. The Redmond, Wash., company will demonstrate the device at the Consumer Electronics Show in Las Vegas next week. Shares were gaining 53 cents, or 17.3%, to $3.60.
Witness Systems (WITS) rose on preliminary results that topped Wall Street estimates. The Georgia-based software company said it brought in $63 million in revenue in the fourth quarter and $220 million in 2006. Analysts polled by Thomson Financial were looking for $58.2 million and $211.8 million for the quarter and year, respectively. The company also issued 2007 revenue guidance -- between $250 million and $255 million -- that beats the $246.8 million consensus. Shares were up $2.05, or 11.7%, to $19.56.
Matrix Service (MTRX) gained after profits more than tripled for the quarter ended Nov. 30. The company, which sells construction and maintenance services to the petroleum and power industries, said it earned $8.1 million, or 31 cents a share, compared with $2.2 million, or 10 cents a share, a year ago. Revenue climbed to $166.4 million from last year's $126.8 million. Shares were climbing $1.58, or 10.5%, to $16.68.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV