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!

TomoTherapy, James River: Small-Cap Winners

Stocks in this article: TOMO JRCC VRUS LEI AVL REE GPL

NEW YORK ( TheStreet) -- TomoTherapy (TOMO) was leading the gains among small-cap stocks Monday afternoon, after Accuray (ARAY) said it will buy the radiation firm for $277 million in cash and stock.

The deal values TomoTherapy at $4.80 per share, a 31% premium to its previous closing price. TomoTherapy shareholders would receive $3.15 in cash and 0.1648 shares of Accuray common stock for each TomoTherapy share they hold.

Shares were soaring 24% to $4.56. Volumes jumped to 15 million shares.

Shares of James River Coal (JRCC) were also rising on deal news. The coal miner said it plans to buy International Resource Partners for $475 million in cash to boost coal and shipping. James River secured $375 million in financing from Deutsche Bank AG and UBS AG for the deal.

The stock of James River was surging 12.5% to $22.78.

The stock of Pharmasset (VRUS) was a notable gainer in Monday action, rising 17% to $58.57. The company's primary focus is the development of oral therapeutics for the treatment of Hepatitis C.

Oil stocks continued to spike, with usual small-cap suspects such as Lucas Energy (LEI) and Samson Oil & Gas (SSN) gaining in Monday afternoon trading. Ram Energy Resources (RAME) was climbing 22% on unusually high trading volumes.

Silver miners were gaining as silver prices soared to 31-year highs. Great Panther Silver (GPL) was rising 9% to $4.98 after the company said its mineral resources at its Topia mine in Mexico were likely 36% higher than previously estimated in 2009. Shares of Endeavour Silver (EKX), Paramount Gold and Silver (PZG) and First Majestic Silver (AG) were also gaining.

Shares of rare earth metals companies were moving up after China said it will lower exports of the metals in the first half of the year, due to its negative environmental impact. Shares of Avalon Rare Metals (AVL) and Rare Element Resources (REE) were up more than 2% each.

--Written by Shanthi Bharatwaj in New York



>To contact the writer of this article, click here: Shanthi Bharatwaj.

>To follow the writer on Twitter, go to http://twitter.com/shavenk.

>To submit a news tip, send an email to: tips@thestreet.com.

Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.

Select the service that is right for you!

COMPARE ALL SERVICES
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!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • 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