This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Monday's Small-Cap Winners & Losers

The broad indices took small-cap stocks on a roller coaster ride Monday before leading them high into positive territory, and one of the biggest winners was Graham (GHM), which surged 23.9% on positive earnings.

The Batavia, N.Y., company, which makes vacuum and heat-transfer equipment, said it made $2.7 million, or 66 cents a share, in its fiscal first quarter, vaulting from 28 cents a share a year ago. The results thump the sole analyst's estimate from Thomson Financial, which called for flat income vs. last year. Shares were up $6.40 to $33.20.

GPC Biotech (GPCB) also had a quick rise after the Germany-based company withdrew its accelerated-approval application for satraplatin, the prostate-cancer drug for which the Food and Drug Administration said it needed more data last week. That news had sent GPC stock plunging, but today shares soared 18.8% to $12.30.

In M&A news, Monaco's MC Shipping (MCX) leapt 16.7% after agreeing to sell itself to Bear Stearns' (BSC) private-equity affiliate for $14.25 a share in cash, or a 19.6% premium to its latest close. The $284 million deal should close immediately on two-thirds shareholder approval (of those present and voting at a special Sept. 5 meeting). The company's principal holders have already agreed to unload their roughly 53% stake. MC Shipping's shares were trading at $13.90.

NewMarket (NEU), a chemical-additive maker based in Richmond, Va., climbed 8.9% to $46.75 after earning $1 a share from continuing operations in the second quarter (excluding items) -- a 22% jump from last year, and 3 cents past the only analyst's target.

On the downside today, however, was Mannatech (MTEX). The maker of nutritional supplements and weight-management products slid 10.8% after saying it expects to make just 4 cents to 6 cents a share in the second quarter -- at least 25 cents below year-ago earnings. The analyst who follows the company is seeking 36 cents. Shares of the Coppel, Texas, company sank $1.14 to $9.42.

But, more broadly, the Russell 2000 traded up 0.8% to 784.19 as the S&P SmallCap 600 climbed 0.9%.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

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.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs