NEW YORK (TheStreet) -- Netlist (NLST) was the prominent gainer in the small-cap space, rising 13% to $2.74, a day after it announced that it had received three patents related to "hypercloud memory" technology.
Small-cap natural gas vehicle plays were in the spotlight Wednesday as President Obama addressed the nation on his plans to reduce dependence on foreign oil. Reports suggest that his plan would include support for natural gas vehicles. Natural gas engine maker Westport Innovations (WPRT) and natural gas transportation infrastructure play Clean Energy Fuels (CLNE) were up 10.8% and 10.5% respectively. Clean Energy Fuels CEO Andrew Littlefair, failed in a major lobbying campaign in 2010 to see through its Natural Gas Act to legislative passage.
Shares of RXi Pharmaceutical (RXII) were gaining 16.6% on unusual volumes.
Solar stocks were shining on reports that China may double its target for photovoltaic power capacity over the next five years in the wake of Japan's nuclear crisis. Shares of Trina Solar (TSL), SunTech Power (STP), LDK Solar (LDK), JA Solar (JASO) and Renesola (SOL) were gaining smartly, up between 2% and 4%.Emcore (EMKR), a New Mexico-based manufacturer of fiber optics and solar photovoltaic products, acquired certain assets of commercial rooftop concentrated photovoltaic systems company Soliant Energy for an undisclosed sum. The Soliant assets acquired by Emcore include the equipment, inventory, software, licenses, intellectual property, and tooling for the rooftop solar energy product line. Emcore plans to integrate the former Soliant research and development and pilot production line into its existing facilities located in Alhambra, CA. The commercial manufacturing operation is expected to transfer to Emcore's low-cost manufacturing joint venture, Suncore, based in Huainan, China. Shares were up 9.6% to $2.66. -- 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: firstname.lastname@example.org.
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
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
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
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