Harmonic, SkyPeople: Midday Volume Plays
Central Pacific Financial (CPF) lost 91 cents, or 38.7%, to $1.44 after the company reported a third-quarter adjusted net loss of $71.7 million, or $2.54 a share, as the company was impacted by increased credit costs resulting from further deterioration in the Hawaii and California commercial real estate markets. Volume topped 3.9 million shares, compared to the three-month average daily volume of 1.2 million, according to Yahoo! Finance.
Giga-tronics (GIGA) jumped by 72 cents, or 37.3%, to $2.65 after the company late Wednesday swung to a third-quarter net profit of $373,000 or 8 cents a share, compared with a year-ago loss of $540,000 or 11 cents a share. Excluding share based compensation, earnings totaled 9 cents a share, the company said. Volume topped 175,000 shares, compared to the 50-day average daily volume of 11,000, according to the Nasdaq.
Build-A-Bear Workshop (BBW) slid by 40 cents, or 7.2%, to $5.19 after the company reported a third-quarter loss of $4.8 million, or 25 cents a share, wider than the year-ago loss of 11 cents a share. The adjusted loss totaled 12 cents a share, worse than the Thomson Reuters average estimate for a loss of 6 cents a share. Volume topped 185,000 shares, compared to the three-month average daily volume of 117,000, according to Yahoo! Finance.
-- Written by Robert Holmes in New York.Check out all of Thursday's high-volume, under-$5 stocks at the Dollar Store Follow Robert Holmes on Twitter and become a fan of TheStreet.com on Facebook.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
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.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
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.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV