Small cap stocks making big moves on Friday, February 27,
2015 (as of 4 pm EST), as reported by Hassan Malik, SmallCapPower.com
Second Sight Medical Products, Inc. (NASDAQ: EYES)
shares shot up 37% to $16.17 on Friday after the California-based manufacturer
of implantable visual prosthetics announced that all three of the French
centers approved to implant its Argus II Retinal Prosthesis System have
successfully completed their first implants in patients with retinitis
pigmentosa (RP).Argus
II was the first-ever medical device to be named the recipient of Forfait Innovation, a French Government national
healthcare reimbursement program, which allowed select hospitals in France to
offer this “early access” and innovative treatment to patients with
advanced RP.
As well, shares of DigitalGlobe, Inc. (NYSE: DGI)shot up 17% to $33.25 on strong
financial results. The provider of geospatial information products and services
reported its 2014 fourth quarter earnings results, which came in higher than
analyst expectations. DigitalGlobe said its net income for the most recent
quarter was $10.7 million, or $0.14 per diluted share, versus the $13.6
million, or $0.18 per diluted share, reported for the fourth quarter of 2013.
Weight
Watchers International, Inc. (NYSE: WTW)
stock, meanwhile, plummeted 36% to $11.33 after the dieting company reported
another revenue decline as consumers migrate to digital methods for counting
calories and keeping fit. Earlier, the company shares fell as much as 38% for
the biggest intraday decline since the company’s initial public offering in
November 2001. The stock through Thursday, February 26, 2015, had posted a 78% decline
over the past three years.
