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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Wednesday's Small-Cap Winners & Losers

Small-cap stocks felt some pain Wednesday, dipping along with the major indices. The S&P SmallCap 600 fell 0.4% to 388.19, and the Russell 2000 dropped 0.5% to 745.46.

Among the down day's most trod-upon was Jamba (JMBA - Get Report), shares of which got juiced by 26% to $3.28 on earnings and a downgrade to hold from buy from Morgan Joseph. The Emeryville, Calif., smoothie stand reported fiscal third-quarter income of $22.4 million, or 40 cents a share, which included a pre-tax non-cash gain of $23.3 million, or 42 cents a share. Excluding this gain, the company lost $900,000, or 2 cents a share, which is narrower than the a year-ago loss of $19 million, or 92 cents a share, but shy of the penny-a-share loss analysts were expecting.

China Finance Online (JRJC - Get Report) likewise got pounded, dropping 19% to $24.04 after reporting third-quarter earnings that fell below analyst expectations. The Beijing financial reported income of $1.9 million, or 8 cents per American depositary share, compared to income of $557,000, or 3 cents per ADS, in the year-ago quarter. Two analysts polled by Thomson Financial expected earnings of 12 cents a share.

Some stocks, including China Precision Steel (CPSL), managed to beat the trend and post gains. The Hong Kong outfit traded 17% higher to $5.05 after posting fiscal first-quarter results that included 141% top-line growth to $25.3 million. The company reported earnings of $2.9 million, or 8 cents a share, compared with 12 cents a share on the same income in the year-ago quarter. Gross profits were also up 37%, to $5.1 million.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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!
CPSL $0.60 -15.49%
JRJC $5.59 -1.60%
JMBA $15.27 0.86%
STEM $1.11 -0.89%
AAPL $128.97 0.40%


DOW 18,276.15 +143.45 0.79%
S&P 500 2,114.91 +10.41 0.49%
NASDAQ 5,001.2030 +37.6760 0.76%

Partners Compare Online Brokers

Free Reports

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