Small
cap stocks making big moves on Wednesday, July 30, 2014 (as of 4 pm EST)
GFI Group Inc. (NYSE: GFIG)
shares powered 44% higher to $4.47 on volume of more than 11.1 million shares
Wednesday after the global OTC and Listed markets intermediary said it has
agreed to be acquired by CME Group, the derivatives marketplace, for $4.55 per
share in CME Group Class A common stock.
As well,
shares of Destination Maternity
Corporation (NASDAQ: DEST)
slipped 18% to $18.56 as the maternity apparel retailer reported third-quarter
earnings that fell to $5.5 million from $8.6 million a year earlier, while
comparable sales for the period slipped 5.3%, which was below the low end of
the company’s guidance.
ZELTIQ (NASDAQ: ZLTQ),
meanwhile, announced better than expected second quarter revenue and earnings
and also guided its fiscal 2014 revenue forecast above the analyst consensus estimate.
The medical technology company is focused on developing and commercializing
products utilizing its controlled-cooling technology platform. ZELTIQ stock
popped 29% to $21.34 following the announcement.
Finally,
The Rubicon Project, Inc. (NYSE: RUBI)
shares shot up 27% to $13.01 after the advertising-automation company reported Q2
revenue and earnings that surpassed Wall Street forecasts and boosted its
full-year outlook.
