Updated from 1:24 p.m. EDT with new stock prices
Small-cap stocks posted hesitant gains on Tuesday as investors returned from an extended holiday weekend.
Among the gainers, Standard Pacific (SPF Quote), an Irvine, Calif.-based homebuilder, saw shares rise 49.1% to $3.31. The company announced it had secured $530 million in equity funding from MatlinPatterson. Standard Pacific said the move will strengthen its balance sheet and enhance financial flexibility.
Meanwhile, Quantum Fuel Systems (QTWW Quote), an alternative energy company also headquartered in Irvine, said its German solar partner Asola got a $17 million deal to supply Sunworx with photovoltaic modules. Shares gained 16.3% to $2.36. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,328.89 | 1,102.47 | 2,211.69 | 35.46 |
Oil *
73.88
|
|
UP
20.63
|
UP
6.40
|
UP
31.64
|
UP
0.59
|
10 Yr
3.55%
SPDR Gold
108.95
|
|
+0.20%
|
+0.58%
|
+1.45%
|
+1.69%
|
Data delayed 20 minutes |


Connect with TheStreet