Benzinga's Small Cap Movers for Friday November 23, 2012
Below are highlights from Benzinga's daily coverage of small cap securities making big moves:
Shares of Astrotech Corporation (NASDAQ: ASTC), the Austin, TX commercial aerospace company, rose 17% Friday on higher than average volume.
T. Boone Pickens reported a 19.4% stake in Astrotech Corporation on Wednesday.
Astrotech Corporation closed at $0.82 on Friday.
Shares of Motricity (NASDAQ: MOTR), the Bellevue, WA provider of relevance-driven mobile merchandising, marketing, and advertising solutions, rose almost 15% Friday on 2.5 times average volume.
On November 21, 2012, Motricity and James R. Smith, Jr., the Interim Chief Executive Officer of the Company, mutually agreed, effective November 15, 2012, to end Mr. Smith's employment with the Company and terminate that certain Offer Letter Agreement dated January 8, 2009, as amended on May 19, 2010, April 19, 2011 and August 21, 2011.
Motricity closed at $0.70 on Friday.
Shares of Accuride (NYSE: ACW), the Evansville, IN manufacturer and supplier of wheels, wheel-end components and other products to the North American commercial vehicle industry, rose 9% Friday on lower than average volume.
Coliseum Capital reported a 5.9% passive stake in Accuride on Friday.
Accuride closed at $2.74 on Friday.
The information in this article is taken from public sources, press releases, and websites that cannot always be verified. Please note that investing in microcap stocks is highly speculative. The companies mentioned here are for information purposes only. Benzinga makes no claim as to the suitability of these stocks as an investment. Neither Benzinga nor its staff recommend that you buy, sell, or hold any security. We do not offer investment advice, personalized or otherwise. Benzinga recommends that you conduct your own due diligence and consult a certified financial professional for personalized advice about your financial situation.
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