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Small-Cap Winners & Losers: U.S. Geothermal

Stock quotes in this article: HTM , END , WFBC , HNBC , VRTU , GFG , ^RUT  

Updated from 1:50 p.m. EDT with new stock prices

Small-cap followed as the major indices slumped into negative territory. The Russell 2000 was still down 1.15% at 727.19, and the S&P SmallCap 600 was likewise down 1.15% at 384.66.

Shares of U.S. Geothermal (HTM Quote), a Boise, Idaho, company that develops geothermal properties, soared 8.8% to $2.59. RBC Capital Markets initiated coverage of the stock with an outperform rating. U.S. Geothermal also announced a joint venture with Gerlach Green Energy to explore the Gerlach geothermal system located in northwestern Nevada.

Oil and gas company Endeavour (END Quote) jumped 8.2% to $1.72. The Houston-based company announced a natural gas discovery in the Norwegian North Sea. It said it will participate in the drilling of eight wells overall in 2008. ...

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