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Market Overview

Benzinga’s Top Pre-Market Gainers (GYMB, ICO, SMTX, FCEL, HITK)

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The Gymboree Corporation (NASDAQ: GYMB) increased 4.77% to $48.50 in the pre-market session. Gymboree reported yesterday a fourth-quarter profit of $33.2 million, or $1.11 per share, from $29.5 million, or $1 per share, in the year-ago period. Analysts expected GYMB to report a profit of $1.10 per share on a 4% sales rise to $300 million. The 52-week trading range for GYMB is $17.17 - $52.31. In the last year, GYMB has gained over 197%.

International Coal Group, Inc. (NYSE: ICO) climbed 2.91% to $4.60 in the pre-market session. International Coal Group announced yesterday that it has priced underwritten public offerings of 22,371,365 shares of its common stock, par value $0.01 per share at public offering price of $4.47 per share and $100.0 million aggregate principal amount of its 4.00% Convertible Senior Notes due 2017. In the previous trading session, ICO closed at $4.47. ICO has surged over 260% in the last year.

SMTC Corporation (USA) (NASDAQ: SMTX) jumped 48.48% to $2.45 in the pre-market session. SMTC reported yesterday a fourth quarter net earnings of $2.18 million or $0.14 per share, as compared to a loss of $137 thousand or $0.01 per share for the same quarter last year. The 52-week trading range for SMTX is $0.32 - $2.04. SMTC Corporation closed at $1.65 in the last trading session.

FuelCell Energy, Inc. (NASDAQ: FCEL) moved up 10.17% to $3.25 in the pre-market session. FuelCell Energy secures $2.1 million for fuel cell to be incorporated into air products' renewable hydrogen fueling station in California. The 52-week trading range for FCEL is $2.15 - $5.47. FCEL has gained over 38% in the last year.

Hi-Tech Pharmacal Co. (NASDAQ: HITK) surged 5.88% to $27 in the pre-market session Hi-Tech Pharmacal reported today results for the quarter ended January 31, 2010. For the three months ended January 31, 2010, HITK reported net sales of $38.8 million, an increase of 32% from $29.4 million for the same period last year. In the last trading session, HITK closed at $5.88. The 52-week trading range for HITK is $4.50 - $29.89.

 

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Posted-In: Pre-Market Outlook Movers