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
TheStreet Open House

Monday's Small-Cap Winners & Losers

Updated from 2:02 p.m. EDT with new stock prices

Small-cap stocks sold off early Monday but weren't hit as hard as the major indices, which broadly stumbled on news that Microsoft (MSFT) backed away from its bid to buy Yahoo! (YHOO - Get Report).

Among the losers, HMS Holdings (HMSY - Get Report), a provider of cost containment and payment accuracy services, slid 23.4% to $20.06. The New York company announced first-quarter income of $3.2 million, or 12 cents a share, vs. $3 million, or 11 cents a share, a year ago. Analysts polled by Thomson Financial were expecting 13 cents a share. HMS Holdings also reaffirmed 2008 revenue guidance for $170 million, slightly below the Street's estimate of $170.5 million.

Meanwhile, shares of RRsat Global (RRST), a provider of end-to-end content distribution and management services, tumbled 20.4% to $11.81 despite in-line earnings. The company posted adjusted first-quarter earnings of $3.4 million, or 20 cents a share, a 26% increase from the year-ago quarter. Analysts were looking for 20 cents a share.

Zoltek (ZOLT - Get Report), a St. Louis, Mo., maker of carbon fibers and technical fibers, dropped 8.6% to $25.20. The company announced that there were errors in its previous financial statements dating back to Sept. 30, 2007, and in the quarter and year ended Dec. 31, 2007. Chief Financial Officer Kevin Schott resigned effective last Friday, May 2, the company said. Chairman and chief executive Zsolt Rumy will serve as interim CFO.

PeopleSupport (PSPT) gave up 7.7% to $9.64. JMP Securities downgraded the Los Angeles-based business process outsourcing company to market perform from market outperform.

On the winning side, flash memory and DRAM chipmaker Stec (STEC) climbed 15% to $10.73. The company posted non-GAAP income of 7 cents a share, up from 5 cents a share a year ago. The Street was looking for 3 cents a share.

1 of 2

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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

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
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!
HMSY $15.48 -0.51%
NLS $15.17 -1.70%
YHOO $44.98 0.07%
ZOLT $0.00 0.00%
STEC $0.00 0.00%


DOW 17,899.44 -76.87 -0.43%
S&P 500 2,078.80 -7.44 -0.36%
NASDAQ 4,928.3850 -19.0560 -0.39%

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