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!

Friday's Small-Cap Winners & Losers

Wild swings once again marked the action for small-cap stocks Friday as the tech-heavy Nasdaq rallied while the Dow and S&P 500 spent much of the day in the doghouse.

Iona (IONA) shares climbed 20% to $3.31 after the Dublin, Ireland-based software company confirmed that a third party had expressed interest in buying it.

Also shining was TerreStar (TSTR), shares of which shot up 24% to $5.61 after announcing that the Reston, Va.-based wireless communication provider had secured a $200 million investment from EchoStar (SATS) and Harbinger to fund a satellite and, subject to approvals, acquired rights to 1.4 GHz spectrum from the two companies. In return, EchoStar and Harbinger get two seats in TerreStar's boardroom.

Photon Dynamics (PHTN) jumped 11% to $9.19 on strong first-quarter earnings announced Thursday after the close. The San Jose, Calif., provider of yield management solutions for flat-panel screens posted a non-GAAP loss of $5.7 million, or 31 cents a share, on revenue of $16.2 million. Analysts surveyed by Thomson Financial were looking for a loss of 32 cents a share on revenue of $16.7 million. The company also said the flat-panel market would improve in 2008 and guided for a fiscal 2008 loss between 11 cents and 5 cents a share, which is narrower than the 20 cents a share the average analyst expects.

Among the losers was PDF Solutions (PDFS). After the bell Thursday, the San Jose, Calif.-based developer of semiconductor infrastructure technology announced pro forma fourth-quarter income of $5.8 million, or 21 cents a share, vs. $2.3 million, or 8 cents a share, in 2006. The performance beat the Street's expectation by a penny. The company also announced guidance for the first quarter of 2008, predicting non-GAAP earnings per share between 8 and 10 cents. Analysts are looking for EPS of 14 cents. RBC Capital Markets downgraded PDF Solutions to sector from outperform. Shares plummeted 29% to $5.90.

Reston, Va.-based comScore (SCOR), a tracker of online consumer behavior, lost 17% to $22.83. The company forecast first-quarter EPS between 10 cents and 11 cents, excluding charges. Analysts see earnings of 16 cents a share. Shares were still down after the AP reported confusion about comScore's inclusion of a 39% tax rate that would hold back earnings. Analysts had not taken that charge into account, according to the report.

More broadly, the Russell 2000 was recently down 0.5% to 698.97, and the S&P SmallCap 600 descended 0.4% to 369.00.

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