Rentech, Inc. (NASDAQ: RTK) Shares Jump on Blackstone Investment: U.S. Daily Market Movers

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Small
cap stocks making big moves on Thursday, April 10, 2014 (as of 4 pm EST)

Rentech, Inc. (NASDAQ: RTK)
shares climbed 13% to $2.05 on volume of more than 16.2 million shares Thursday
after the wood fibre processing and nitrogen fertilizer manufacturing company
announced that GSO Capital Partners LP (GSO), the credit investment arm of
Blackstone, will invest $150 million in Rentech in the form of $100 million of
convertible preferred stock and a $50 million term loan. The transactions
closed on April 9, 2014.

As
well, shares of Imperva, Inc. (NYSE: IMPV)
plunged 44% to $28 on more than 11.3 million shares traded as the data
security solutions firm cut its first-quarter revenue outlook to $31
million to $31.5 million from $36 million to $37 million, which was below the
consensus estimate of $36.69 million. The company said its Q1 results
“were primarily impacted by extended sales cycles on deals over $100,000,
which led to delays in receiving anticipated orders from customers,
particularly in the U.S., which resulted in lower than expected revenue for
products.”

Restaurant
chain Ruby Tuesday, Inc. (NYSE: RT),
meanwhile, reported a smaller than expected third-quarter net loss of four cents
a share on revenue of $295.6 million, which also surpassed the Wall Street consensus
estimate. Ruby Tuesday stock moved up 12% to $6.68.

Finally,
Baxano Surgical, Inc. (NASDAQ: BAXS)
shares gained 11% to $1.14 after the medical device maker said it has received
U.S. Food and Drug Administration 510(k) clearance (k133743) for its Avance MIS
Pedicle Screw System, which may be used as an adjunct to fusion in numerous
degenerative and complex spinal pathologies.   

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