Small-cap stocks remain down; CNQR, GM, and SOLR lead gainers

What looked like a sleepy, mild opening dip turned into an ugly downside press, with small-cap stocks pulled down this morning by sloppy corporate profit reports, declines in Asian equities and yet another weak tone on the commodities front. Today’s small-cap gainers are Concur Technologies (Nasdaq:CNQR), General Motors Corp. (NYSE:GM) and GT Solar (Nasdaq:SOLR).

Other Market Watch highlights today included:

• Copper and aluminum prices tumbled to 3-year lows during London’s trading session.  
• There are no economic reports on tap today in the U.S., but banks and government offices are back at work after the Veteran’s Day holiday, which could help volume levels.  
• At 9:54 a.m. ET, the Russell 2000 was down 6.28, or 1.30% at 476.00, slipping through intraday chart support along the 480 line.
• What looked in advance like a sleepy, mild opening dip in the Russell 2000 turned into an ugly downside press.

Small Cap Gainers:

• Concur Technologies sees 2009 revenue growing 25%; shares climb 12% in pre-market. See (Nasdaq:CNQR).  
• House speaker Nancy Pelosi pushes legislation that would help bail out the embattled U.S. automakers; General Motors Corp. is up 9% on the news. See (NYSE:GM).  
• GT Solar appoints Jacobs Engineering Group chairman Noel G. Watson to board of directors; shares tread nearly 4% higher in pre-market. See (Nasdaq:SOLR).  
• Nice Systems up 3% in pre-market on a rise in Q3 net profit, revenue. See (Nasdaq:NICE).  


Small Cap Losers:

• JA Solar posts loss on Lehman, cuts forecast; shares dive 24% in pre-market. See (Nasdaq:JASO).
• J Crew Group Inc. is down 13%, sinking to 52-week lows. See (NYSE:JCG).  
• Canadian Solar downgraded to "hold" from "buy" by Deutsche Securities; shares down 7.6% in pre-market. See (Nasdaq:CSIQ).  
• Sausage and restaurant operator Bob Evans Farms Inc. lowered its outlook and was off about 2.5% in pre-market trading. See (Nasdaq:BOBE).  

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