Small
cap stocks making big moves on Tuesday, July 29, 2014 (as of 4 pm EST)
PGT, Inc. (NASDAQ: PGTI)
shares surged 27% to $9.41 on volume of more than 3.3 million shares Tuesday
after the manufacturer of residential impact-resistant windows and doors
reported better than expected second quarter earnings and revenue.
As well,
shares of Galectin Therapeutics Inc. (NASDAQ: GALT)
plunged 61% to $5.70 on more than 7.6 million shares traded as the developer of
therapeutics that target galectin proteins to treat fibrosis and cancer disappointed
investors with Phase I study results for its experimental drug GR-MD-02, which
is intended to treat nonalcoholic steatohepatitis (NASH), a severe form of
fatty liver disease.
Camtek Ltd. (NASDAQ: CAMT),
meanwhile, announced second-quarter earnings that surpassed Wall Street
expectations. The company provides automated solutions for enhancing production
processes and yield in the Semiconductor Fabrication and Packaging, as well as
Printed Circuit Board and IC Substrates industries. Its stock popped 15% to $3.94 following the release.
Finally,
Synchronoss Technologies, Inc. (NASDAQ: SNCR)
shares climbed 15% to $39.72 as the cloud solutions and software-based
activation provider reported Q2 earnings and revenue that surpassed analyst
expectations.
