Small cap
stocks making big moves on Wednesday, February 18, 2015 (as of 4 pm EST), as
reported by Hassan Malik, SmallCapPower.com
Angie’s List, Inc. (NASDAQ: ANGI) shares shot
up 60% to $7.80 on Wednesday after the review website operator reported
stronger than expected fourth quarter earnings. The review site posted earnings
of $15.3 million, or $0.26 per share, for the fourth quarter, topping analysts’
estimates of $0.22. Revenue of $82.2 million was up 19% from a year ago, and
also beat the Wall Street forecast of $81.22 million for the period.
As well,
shares of Potbelly Corporation (NASDAQ: PBPB) climbed 17%
to $16.56 after the sandwich shop chain also reported fourth-quarter earnings
that beat analysts’ expectations. Potbelly reported an adjusted profit of $0.06
per diluted share, which beat the consensus estimate of $0.03. Revenue for the
fourth quarter climbed 13.4% year-over-year to $84.8 million. Analysts expected
revenue of $83.28 million.
Rosetta Genomics, Ltd. (NASDAQ: ROSG) stock, meanwhile, slid 21% to $3.80 as
investors took profits following the stock’s surge yesterday. The stock soared 45%
on Tuesday after the molecular diagnostics company announced patent allowances
from the U.S. and Europe. Rosetta said it had received a Notice of Allowance from
the U.S. Patent and Trademark Office for a patent claiming the use of the
company’s miR-34a treatment for cancers associated with the p53 gene.
