Small
cap stocks making big moves on Thursday, September 4, 2014 (as of 4 pm EST),
as reported by Sean Mason, SmallCapPower.com
Bolt Technology Corporation (NASDAQ: BOLT)
shares shot up 36% to $21.93 on volume of more than 4.5 million shares Thursday
after the manufacturer of marine seismic data acquisition equipment used for
offshore oil and natural gas exploration said it has agreed to be acquired by Technologies Incorporated (NYSE: TDY) for
$22 per share in cash, or a total consideration of approximately $171 million.
As well,
shares of Matrix Service Company (NASDAQ: MTRX)
slid 22% to $22.86 on more than 3.4 million shares traded as the provider of
engineering, fabrication, construction and repair and maintenance
services reported fiscal 2014 earnings and revenue that fell short of Wall
Street expectations and provided fiscal 2015 earnings per share guidance that
was below the analyst consensus forecast.
Mitek Systems (NASDAQ: MITK)
and USAA, meanwhile, announced that the two companies have agreed to settle all
pending litigation between them. Mitek provides mobile imaging for
financial transactions and identity. Its stock popped 36% to $3.23 following
the announcement.
Finally,
Stereotaxis, Inc. (NASDAQ: STXS)
shares climbed 14% to $3.24 after the developer of robotic cardiology
instrument navigation systems said it has received 510(k) clearance by the Food
and Drug Administration (FDA) to market its Vdrive Robotic Navigation System
with V-Loop Variable Loop Catheter Manipulator in the United States.
