SBE, Inc. and Mothers Work, Inc. lead Thursday small-cap percentage losers
Computer hardware maker SBE, Inc. (Nasdaq: SBEI) is giving back some of Wednesday’s considerable gains.
Maternity clothing retailer Mothers Work, Inc. (Nasdaq: MWRK) said same-store June sales fell 5.4% from the year-ago period. Mothers Work recorded net sales of $46.9 million for the period, from $49.6 million in 2006.
Flow International Corp. (Nasdaq: FLOW) reported an 18% plunge in fourth-quarter revenue compared with 2006.
Citing negative trends, specialty store chain Gottschalks Inc. (NYSE: GOT) forecast a second-quarter loss and lowered its fiscal-year earnings guidance.
These are the biggest percentage losers in Thursday's trading among companies with market capitalizations under $500 million:
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