Tuesday's Small-Cap Winners & Losers

Updated from 2:38 p.m. EST with new stock prices

Small-cap stocks opened down along with the major indices on Monday but trailed behind as the broader market edged toward recovery. The Russell 2000 Index and the S&P SmallCap 600 were both down around 1%, at 752.06 and 392.31, respectively.

Emeryville, Calif.-based Jamba (JMBA) climbed 9.1% to $3.70 on the smoothie-stand chain's announcement that it would join with Nestle USA to offer Jamba-brand ready-to-drink beverages, due to launch in the second quarter of 2008.

Elsewhere, supply-chain management solutions provider CMGI (CMGI) jumped 29% to $13.33 as the Waltham, Mass., company announced fiscal first-quarter earnings that far exceeded expectations. CMGI posted non-GAAP income of $17.1 million, or 19 cents a share, vs. $10 million, or 20 cents a share, in the year-ago quarter. The sole analyst surveyed by Thomson Financial was expecting 10 cents a share.

Another big gainer was America's Car-Mart (CRMT), shares of which leapt 16.1% after an earnings beat. The Bentonville, Ark., auto retailer swung to a profit in its fiscal second quarter of 2008, posting income of $3.5 million, or 29 cents a share, vs. a loss of $1.9 million, or 16 cents a share, in the year-ago quarter. Analysts were expecting earnings of 16 cents a share.