Updated from 2:34 p.m. EDT with new stock prices
Small-cap stocks tagged along with the broader market on a trip to higher ground Thursday. The Russell 2000 was up 0.9% to 745.45, and the S&P SmallCap 600 climbed 0.8% to 393.18.
Ultralife Batteries (ULBI Quote), which makes power and communications systems, jumped 31.4% to $12.71. The Newark, N.Y.-based company raised second-quarter revenue guidance to $75 million from between $60 million and $70 million. Analysts surveyed by Thomson Reuters are expecting $60.4 million. For the full year, Ultralife said revenue would be at least $250 million, ahead of the consensus estimate of $240.3 million.
Meanwhile, Atlantic City, N.J.'s Trump Entertainment (TRMP Quote) saw shares leap 23.2% to $3.56 on news that the company would sell its Marina Hotel Casino for $316 million. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,441.12 | 1,109.18 | 2,206.91 | 35.27 |
Oil *
73.48
|
|
DOWN
10.88
|
UP
1.25
|
UP
5.86
|
DOWN
0.69
|
10 Yr
3.53%
SPDR Gold
111.59
|
|
-0.10%
|
+0.11%
|
+0.27%
|
-1.92%
|
Data delayed 20 minutes |
Connect with TheStreet