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!

Thursday's Small-Cap Winners and Losers

Updated from 1:51 p.m. EDT

Small-cap stocks hesitantly set forth into positive territory in step with the broader market Thursday.

Shares of NextWave (WAVE), a developer of mobile multimedia and wireless broadband products based in San Diego, Calif., swelled 41.1% to $6.70. The company announced its intention to sell its spectrum holdings in the U.S. The company, which has licenses and lease rights for a total of 4.7 billion MHz/pops of spectrum, has retained Deutsche Bank and UBS to explore a possible sale.

Meanwhile, King of Prussia, Pa.'s GSI Commerce (GSIC) jumped 23.6% to $14.07. The provider of services for e-commerce, multichannel retailing and interactive marketing reported a first-quarter loss of $9.6 million, or 20 cents a share, vs. a loss of $2.3 million, or a nickel a share, a year ago. Analysts polled by Thomson Financial were looking for a 24-cent per-share loss.

Computer systems and software maker Mercury Computer Systems (MRCY) saw shares climb 17.9% to $7.63. After Wednesday's market close, the Chelmsford, Mass., company announced third-quarter fiscal 2008 non-GAAP income of $951,000, or 4 cents a share, vs. a loss of $2.5 million, or 11 cents a share, a year ago. Analysts had forecast a loss of a penny a share.

Among the losers, Calumet Specialty Products Partners (CLMT), an Indianapolis company that produces and sells specialty hydrocarbon products, saw shares drop 22.3% to $14.26. The company announced a cash distribution decrease to 45 cents for the quarter ended March 31 from a previous 63-cent distribution.

Also falling, Monarch Casino & Resort (MCRI), which through its subsidiary Golden Road Motor Inn owns and operates a tropically themed casino in Reno, Nev., gave up 20% to $13.81. The company announced first-quarter income of $2.3 million, or 12 cents a share, vs. $5.5 million, or 28 cents a share, a year ago. Analysts were looking for EPS of 20 cents.

1 of 2

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