Monday's biggest small-cap gainers and losers
Here are Monday’s biggest percentage gainers and losers in midday trading, along with top volume leaders, among companies with a market cap between $50 million and $750 million:
Biggest percentage gainers:
• Mercury Computer Systems Inc. (Nasdaq:MRCY), up 22.8% to $8.89 after the Chelmsford, Mass.-based maker of high-performance computers and software reported third-quarter net income of $1 million, or $0.04 per share. Wall Street analysts expected a loss of $0.01 per share.
• Houston American Energy Corp. (Nasdaq:HUSA), up 15.9% to $5.64 after the oil and gas exploration and production company despite no significant news from the Houston-based firm.
• Origin Agritech Ltd. (Nasdaq:SEED), up 15.7% to $7.50 despite no significant news from the China-based supplier of crop seeds. Investors on Internet message boards speculate a world food shortage might be pushing the price up.
Biggest percentage losers:
• Radware Ltd. (Nasdaq:RDWR), down 14% to $9.15, after reporting a wider-than-expected first-quarter loss and lower revenues.
• Image Sensing Systems, Inc. (Nasdaq:ISNS), down 11% to $12.45 despite no significant news from the Saint Paul, Minn.-based maker of video processing products.
• Monarch Financial Holding, Inc. (Nasdaq:MNRK), down 10.6% to $10.05 despite no significant news from the Chesapeake, Va.-based bank holding company.
Volume leaders:
• Energy XXI (Nasdaq:EXXI), 5.3 million shares traded versus average of 0.5 million shares.
• US Airways Group, Inc. (NYSE:LCC), 4.6 million shares traded compared with average of 3 million shares.
• Origin Agritech Ltd. (Nasdaq:SEED), 3.4 million shares traded versus average of 0.8 million shares.
