SmallCap 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:

• Volcom, Inc. (Nasdaq:VLCM), up 17% after the clothing retailer reported unexpectedly strong first-quarter results after Wednesday’s close that beat the consensus on Wall Street and raised its full year guidance.
• O2Micro International Ltd. (Nasdaq:OIIM), up 13% after the supplier of power management and security components posted first-quarter earnings after Wednesday’s close that beat the Street by 200%.
• Converted Organics Inc. (Nasdaq:COIN) up 10%.

Biggest percentage losers:

• PharmaNet Development Group, Inc. (Nasdaq: PDGI), down 30% after reporting ghastly first-quarter results and lowering its full year guidance. The firm swung to a net loss, while Wall Street was expecting a net profit of $0.30 per share.
• Shutterfly, Inc. (Nasdaq:SFLY), down 18%, after lowering second-quarter and full year guidance.
• ICT Group, Inc. (Nasdaq:ICTG), down 16%, after reporting a first-quarter net loss this morning that was a penny wider than analysts forecasted. The firm also issued second-quarter earnings guidance and full year guidance below the consensus on Wall Street.

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