This Day On The Street
Continue to site
ADVERTISEMENT
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

Thursday's Small-Cap Winners & Losers

Updated from 2:22 p.m. EST with new stock prices

After a lackluster opening on Thursday, small-cap stocks rallied, posting mostly wider gains than than their broader market counterparts. The Russell 2000 climbed 2.6% to 713.29, while the S&P SmallCap 600 rose 2.7% to 375.51.

Shares of Audible (ADBL), a Newark, N.J.-based provider of audio content over the Internet, cranked 22.4% higher to $11.42 on news that Web retail giant Amazon.com (AMZN - Get Report) would buy the company for $300 million, or $11.50 a share.

Also amped up on exceptional volume was Kodiac Oil & Gas (KOG - Get Report), shares of which blasted up 14.9% to $2.01. The Denver-based driller announced it had entered into an agreement with Devon Energy (DVN - Get Report), creating an area of mutual interest for exploration, leasing and development of Kodiac's Vermillion Basin, Wyo., properties.

Interactive Intelligence (ININ - Get Report), an Indianapolis-based maker of software for voice over Internet protocol (VoIP), reported fourth-quarter non-GAAP earnings of $3.1 million, or 16 cents a share, vs. $2.1 million, or 11 cents a share, in 2006. Analysts polled by Thomson Financial were expecting a per-share loss of a penny. Revenue for the quarter gained 23% from the year-ago period to $29.3 million. Shares gained 20.5% to $16.38.

Several small-caps had a far more downbeat day. After the close Wednesday, Morrisville, N.C.-based Harris Stratex (HSTX), a maker of wireless networking products, reported non-GAAP second-quarter income of $12.1 million, or 21 cents a share, on revenue of $181.1 million. Analysts polled by Thomson Financial were expecting EPS of 24 cents. Shares broke down 24% to $10.89.

BluePhoenix Solutions (BPHX) likewise got rocked, losing 17.3% to $14.91 on fourth-quarter earnings. The Israeli developer of enterprise information technology posted non-GAAP income of $4.3 million, or 21 cents a share, compared with $1.4 million, or 10 cents a share, a year ago. The company beat the Street's projections by a penny, but its revenue of $22.7 million fell short of the average analyst estimate of $24.3 million.

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
Only $9.95
14-Days Free
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
SYM TRADE IT LAST %CHG
KOG $6.56 0.00%
AMZN $427.63 -0.93%
BPHX $2.67 -1.48%
DVN $67.47 -0.06%
ININ $43.68 -1.78%

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs