NEW YORK ( TheStreet) -- Several small-cap stocks were poised to move on above-average volume during Friday's session
Novavax (NVAX) slipped by 3 cents, or 0.7%, to $4 after the company reported a third-quarter loss of 8 cents a share, a penny better than the Thomson Reuters average estimate. The three-month average daily volume for is 7.1 million, according to Yahoo! Finance.
Fortress Investment Group (FIG) slumped by 17 cents, or 3.7%, to $4.40 after the company posted a third-quarter loss of $190.3 million, or 43 cents a share. The three-month average daily volume for is 3.8 million, according to Yahoo! Finance.
Energy Recovery (ERII) dropped by 44 cents, or 7.4%, to $5.53 after the company late Thursday offered weak guidance for the fourth quarter, saying it expects earnings of 3 cents to 4 cents a share, compared to expectations for a profit of 8 cents a share. Revenue should fall in a range of $14.5 million to $16.5 million, below the consensus of $20.8 million. The three-month average daily volume for is 387,000, according to Yahoo! Finance.Crocs (CROX) tumbled by 65 cents, or 9.5%, to $6.19 after the company's CEO John Duerden said the normal seasonality of its business will make it difficult to maintain profitability in the fourth quarter. The three-month average daily volume for is 4.1 million, according to Yahoo! Finance. Taser International (TASR) jumped by 32 cents, or 7.9%, to $4.38 after JPMorgan Chase upgraded the stock to overweight from neutral. The three-month average daily volume for is 434,000, according to Yahoo! Finance. United Western Bancorp (UWBK) dipped by 3 cents, or 0.9%, to $3.42 after FBR Capital Markets resumed coverage of the stock with a market perform rating and a $4 price target. The three-month average daily volume for is 316,000, according to Yahoo! Finance. -- Written by Robert Holmes in New York. Check out all of Friday's high-volume, under-$5 stocks at the Dollar Store Follow Robert Holmes on Twitter and become a fan of TheStreet.com on Facebook.
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