Small Cap pre-market gainers and losers

Here are the biggest percentage gainers and losers in pre-market trading among companies with a market cap between $50 million and $750 million:

Biggest percentage gainers:

• Town Sports International Holdings, Inc. (Nasdaq: CLUB), up 21% after the owner and operator of health clubs reported after Thursday’s close that it swung to a profit in the first quarter.
• NetScout Systems, Inc. (Nasdaq: NTCT), up 18% after the advanced network and service assurance provider posted fourth-quarter results after Thursday’s close that trumped the consensus on Wall Street, noting the synergistic value creation from its acquisition.
• BluePhoenix Solutions (Nasdaq: BPHX), up 11% after reporting first-quarter results that met analysts’ expectations on continued strength in the legacy information technology market.

Biggest percentage losers:

• Magma Design Automation Inc. (Nasdaq:LAVA), down 19% after the provider of chip design software reported fourth-quarter revenues that fell short of the consensus view on Wall Street. Adding insult to injury, the San Jose, Calif.-based firm issued first-quarter guidance below analysts’ estimates.
• Secure Computing Corp. (Nasdaq:SCUR), down 11%, after posting a GAAP net loss on litigation charges and issuing second-quarter guidance short of the consensus view on Wall Street.
• Novatel Wireless, Inc. (Nasdaq: NVTL), down 8%, after posting lower first-quarter results after Thursday’s close and issuing second-quarter guidance below the Street.

Friday’s pre-market gainers and losers - SmallCapInvestor.com