NYSE Smallcaps Builds On Support For Share Value Increase (IO, PVA, WWE, ELLI, MEA, EGT)
Ion Geophysical Corp (NYSE: IO) IO has reported improved performance in earnings as investors are pleased with the news and have begun accumulating shares. The stock has increased $1.11 (17.62%) bringing the intraday trade price up to $7.41 with close to 4.2million shares exchanged. Stick around.
Penn Virginia Corporation (NYSE: PVA) PVA is showing a rise in trend as the company reaffirms investors its FY2012 guidance. The stock is up $.57 (11.45%) bringing the intraday trade price up to $5.55 with about 1.3million shares exchanged. Can PVA gain increased support for a rise in trend? Stick around.
World Wrestling Entertainment, Inc. (NYSE: WWE) WWE said Thursday that it earned $15.3 million, or 20 cents per share, for the quarter ended March 31. Given the news, the stock gained $.90 (11.48%) bringing the intraday trade price up to $8.74 with close to 563,000 shares exchanged. Stick around.
Ellie Mae Inc (NYSE: ELLI) ELLI announced its total revenue for the first quarter of 2012 increased 97% to $20.9 million, compared to $10.6 million in the first quarter of 2011. Given the news, the stock jumped $2.03 (15.91%) bringing the intraday trade price up to $14.79 with close to 548,000 shares exchanged. Stick around.
Metalico, Inc. (NYSE: MEA) MEA announced reported earnings of $0.05 per share and net income of $2.2 million for the first quarter. Given the news, investors pushed the stock up $.13 (4.21%) bringing the intraday trade price up to $3.22 with close to 316,000 shares exchanged. Can MEA
Entertainment Gaming Asia Inc. (NYSE: EGT) EGT is showing a rise in trend today as investors move in to the stock without substantial news released. The stock has gained $.04 (3.57%) bringing the intraday trade price up to $1.16 with about 1.5million shares exchanged. Can EGT continue to move higher with increased support? Stick around.
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