Biggest small-cap gainers and losers in Tuesday's trading
Here are Tuesday’s biggest percentage gainers and losers, along with top volume leaders, among companies with a market cap between $50 million and $1 billion:
Biggest percentage gainers:
• HireRight, Inc. (Nasdaq:HIRE), up 45.1% to $15.19 after the Irvine, Calif.-based company, which provides on-demand employment background and drug screening services, said this morning that it will merge with US Investigations Services.
• Cardica, Inc. (Nasdaq:CRDC), up 35.1% to $9.81 despite no announcements.
• Republic First Bancorp, Inc. (Nasdaq:FRBK), up 33.9% to $5.85 after the Philadelphia-based bank holding company said it sold $10.8 million in convertible trust preferred securities to an investor group.
Biggest percentage losers:
• CompuCredit Corp. (Nasdaq:CCRT), down 28.3% to $6.30 after the Atlanta-based company said it “expects” federal regulators to charge the financial services firm with deceptive marketing practices and abusive debt collection practices.
• CMGI, Inc. (Nasdaq:CMGI), down 24.7% to $11.30 after the provider of supply chain management services said late Monday that it plunged to a third-quarter loss of $2.6 million, or $0.05 per share, versus a profit of $9.4 million, or $0.19 per share, a year earlier. Quarterly revenue stumbled 15% to $239.2 million from $282.1 million during the year-earlier period. The Waltham, Mass.-based company also lowered its fiscal year guidance.
• Intervest Bancshares Corp. (Nasdaq:IBCA), down 22.4% to $6.00 despite no announcements.
Volume leaders:
• Third Wave Technologies, Inc. (Nasdaq:TWTI), 15 million shares traded versus average of 2.4 million shares.
• Crocs, Inc. (Nasdaq:CROX), 8.9 million shares traded versus average of 5.4 million shares.
• Synchronoss Technologies, Inc. (Nasdaq:SNCR), 6.8 million shares traded versus average of 1.4 million.
