Tag - Aeti

Royale Energy Inc (Nasdaq:ROYL), Acorda Therapeutics Inc (Nasdaq:ACOR) and Avant Immunotherapeutics Inc (Nasdaq:AVAN) are among the biggest percentage gainers in Monday's trading among companies with market capitalizations under $1 billion.

American Electric Technologies Inc (Nasdaq:AETI), Mexco Energy Corp (Nasdaq:MXC) and Brigham Exploration Co (Nasdaq:BEXP) are also among the biggest percentage gainers.

Here are the biggest percentage gainers among small caps:

Small caps kicked off the second half of the year sharply lower in morning trading and remained in the red midday after the credit crunch’s aftershocks resurfaced and gripped the market.

At 12:27 p.m. ET, the Russell 2000 (NYSE:IWM) had sold off 8.46, or 1.13%, at 739.82, while the Dow is down 150.95, or 1.19%, to 12,487.37.

Small caps saw a broad sell-off Monday as major financial firms disclosed unsettling management shifts. Wachovia (NYSE:WB) said this morning that it is replacing CEO Ken Thompson with Chairman Lanty Smith on an interim basis, while Washington Mutual (NYSE:WM) reported that Kerry Killinger will leave his post as chairman, but will retain his position as CEO of the bank and home lender. Shares of Wachovia plunged to their lowest level since 1995.

Across the pond, Britain’s largest mortgage lender to residential rental units Bradford & Bingley (LON:BB) said that the housing market was getting worse and that it will slash the amount of cash it was initially expected to raise through a rights issue. Private equity firm TPG is expected to take a 20% stake in the hard hit lender.

Economic news out today added to market jitters, painting an austere macro picture. Construction spending sputtered to 0.4% in the month of April, below the 0.5% economists were expecting.

CMGI, Inc. (Nasdaq: CMGI), American Electric Technologies, Inc. (Nasdaq: AETI) and Hoku Scientific, Inc. (Nasdaq: HOKU) are among the biggest percentage gainers in Tuesday's trading among companies with market capitalizations under $750 million.

Here are today's biggest percentage gainers:

American Electric Technologies, Inc. (Nasdaq: AETI) surged, adding $1.58, or 30%, to close at $6.80, following news that the CEO of the telecommunications network infrastructure maker has written a letter to shareholders.

Arthur G. Dauber released a letter this morning thanking shareholders for their support for the merger with M&I Electric, a privately held electrical products supplier. Dauber has been at the helm of M&I since 1984.