This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Friday's Small-Cap Winners & Losers

Updated from 1:31 p.m. EST with new stock prices

Small-cap stocks ended a volatile week with another tumble Friday, joining the broader market for a downhill ride. The Russell 2000 lost 0.5% at 702.02, and the S&P SmallCap 600 was down 0.5% to 370.08.

Among the day's biggest losers was Aspen Technology (AZPN - Get Report). Shares of the Burlington, Mass.-based maker of industrial-process optimization software fell 5.7% to $12.71 after it announced it would be delisted from the Nasdaq and begin trading on Pink Sheets effective Feb. 19.

Also losing ground, Ultralife Batteries (ULBI - Get Report) shares dropped 16.9% to $14.04 after forecasting a fourth-quarter operating loss of about $2.5 million on revenue of $36.5 million. The Newark, N.Y.-based company had previously guided for a profit in the range of $2.7 million to $3.5 million on $41 million to $44 million in revenue. Analysts polled by Thomson Financial are looking for an operating profit of $3 million.

Shares of Emcore (EMKR - Get Report), a semiconductor company based in Abuquerque, N.M., got knocked down 10.2% to $12.32 after the company announced it would be selling $94 million in stock so it could buy telecom assets of Intel's (INTC - Get Report) Optical Platform division. The sale takes the form of 7.5 million shares of common stock for $12.50 and five-year warrants for 1.3 million shares with an exercise price of $15.06 a share.

Several stocks, including Cognex (CGNX - Get Report) managed to rise on the down day. Shares rocketed 26.3% to $19.43 on last night's fourth-quarter earnings. The Natick, Mass., maker of vision systems for manufacturing-process automation, or machines that can see what they're doing, posted income of $11.1 million, or a quarter a share, vs. $9.5 million, or 21 cents a share, in 2006. The Street was expecting 20 cents a share. Needham & Co. upgraded the stock to strong buy from buy.

eHealth (EHTH - Get Report) shares likewise climbed on last night's fourth-quarter results. The Mountain View, Calif., online health insurance services company posted a profit of $3.7 million, or 14 cents a share, vs. $3.8 million, or 15 cents a share, a year ago. The EPS results beat analysts' forecasts by a penny. Shares rose 18.7% to $26.14.

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link 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

Jim Cramer's protégé, 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
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, 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!

Markets

DOW 17,672.60 -141.38 -0.79%
S&P 500 2,051.82 -11.33 -0.55%
NASDAQ 4,757.8790 +7.4820 0.16%

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