Small
cap stocks making big moves on Thursday, September 11, 2014 (as of 4 pm EST),
as reported by Sean Mason, SmallCapPower.com
Energy Focus, Inc. (NASDAQ: EFOI)
shares shot up 41% to $8.26 on volume of more than 3.6 million shares Thursday
after the provider of LED lighting technologies said it has received a $7.7
million order for the United States Navy combatant ship forces. The order, most
of which is expected to be delivered throughout the remainder of 2014,
represents the single largest contract in the company’s history.
As well,
shares of E2open, Inc. (NASDAQ: EOPN)
slid 26% to $11.51 on more than 4 million shares traded as the provider of
cloud-based software solutions lowered its full-year revenue guidance,
falling short of Wall Street expectations.
Misonix, Inc. (NASDAQ: MSON),
meanwhile, reported a 15% increase in its fiscal 2014 revenue to $17.1 million,
while its net income for the year was $1.4 million, or $0.19 per diluted share,
compared with a net loss of $2.7 million, or $0.38 per diluted share, for
fiscal 2013. Misonix is surgical device company. Its stock popped 24% to $9.15 following the announcement.
Finally,
Taminco Corp. (NYSE: TAM)
shares jumped 10% to $26.21 as the producer of alkylamines and alkylamine
derivatives announced that it has agreed to be acquired by Eastman Chemical Company (NYSE: EMN)
for $26 per share in cash, or a total consideration of approximately $2.8
billion.
