Small
cap stocks making big moves on Wednesday, August 6, 2014 (as of 4 pm EST)
Enphase Energy, Inc. (NASDAQ: ENPH)
shares climbed 14% to $11.06 on volume of more than 3 million shares
Wednesday as the provider of microinverter technology for the solar industry reported
that its second quarter revenue soared 41% year-over-year to a record $82.0
million.
As well,
shares of Rocket Fuel Inc. (NASDAQ: FUEL)
sank 31% to $17.05 on more than 5.9 million shares traded after the provider of
artificial intelligence and big data solutions for digital advertising lowered
its full-year revenue outlook.
MIND C.T.I. Ltd. (NASDAQ: MNDO),
meanwhile, announced a 10% increase in its second-quarter revenue to a record $6.3
million. The company provides convergent end-to-end prepaid/postpaid billing
and customer care product based solutions. MIND C.T.I. stock popped 20% to $2.86 following the announcement.
Finally,
Parker Drilling Company (NYSE: PKD)
shares rose 8% to $6.56 after the contract drilling and drilling-related
services and rental tools provider reported better than expected second quarter
earnings and revenue.
