Small Cap Movers

Cray, Inc. leads Monday small-cap percentage losers

Will Atkinson | Jun 04, 2007 11:40am EDT | Comment
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Supercomputer maker Cray Inc. (Nasdaq: CRAY) said Monday morning that revenue from its newest supercomputers will be less than 2007 expectations, possibly leading to a loss for the year.

A story on Yahoo! Finance said Answers Corp. (Nasdaq: ANSW) doesn’t look like it is going to be acquired. Google competitors don’t want to purchase Answers because the New York City-based Internet company, which hasn’t achieved profitability, gets most of its traffic through Google, the story said.

Bionovo Inc.’s (Nasdaq: BNVI) second phase trial for its oral drug MF101 showed positive results for treatment of hot flashes associated with menopause.

These are the biggest percentage losers in Monday's trading among companies with market capitalizations under $500 million:

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Will Atkinson

About the Author
Reporter Will Atkinson is based in SmallCapInvestor.com's Washington, D.C. bureau.