Boston, MA -- (SBWIRE) -- 08/15/2013 -- At winstonsmallcap.com we focus on undervalued companies trading under $5. Right now the markets are surging and we are seeing an opportunity in micro-cap companies like we have never seen before. Let have a Look on: (JetBlue Airways Corporation(NASDAQ:JBLU), Goodrich Petroleum Corporation (NYSE:GDP), Shanda Games Limited(ADR) (NASDAQ:GAME), AK Steel Holding Corporation(NYSE:AKS)
JetBlue Airways Corporation(NASDAQ:JBLU) shares increased 1.44% to $6.36. The company on August 7 announces Bags VIP, a new concierge service option, provided in partnership with Bags, Inc. This service provides hand-delivery of a customer's checked luggage from the arrival airport to any doorstep at their destination for a minimal fee. The option is available seven days a week, including holidays.
Additionally, the company on July 30 said its second-quarter earnings fell 31% as the company's margins were hurt by higher operating costs that masked revenue growth. The company reported a profit of $36 million, or 11 cents a share, down from $52 million, or 16 cents a share, a year earlier. Revenue increased 4.5% to $1.3 billion. Analysts recently expected per-share profit of 14 cents and revenue of $1.35 billion.
How Should Investors Trade JBLU After The Recent Volatility? Get Free Report Here
Goodrich Petroleum Corporation (NYSE:GDP) shares decreased 2.57% to $21.20 in the last trading session. The company on August 6 announced financial and operating results for the quarter ended June 30, 2013 and provided an operational update. The Company announced a net loss applicable to common stock of $20.1 million for the quarter or ($0.55) per basic share, versus a net loss applicable to common stock of $4.7 million or ($0.13) per basic share in the prior year period. Adjusted net loss applicable to common stock was $23.0 million.
How Should Investors Trade GDP After The Recent Volatility? Get Free Report Here
Shanda Games Limited(ADR) (NASDAQ:GAME) shares jumped 10.75% to $4.43. Securities Attorneys at Gilman Law, LLP on August 13 said they are investigating a recent acquisition announcement by Shanda Games Limited. The Company announced that it will acquire the following affiliates from its parent company, Shanda Interactive Entertainment Limited - Shanghai Shengzhan Networking Technology Co., Ltd. ("Shengzhan") and Tianjin Shengjing Trade Co., Ltd. ("Shengjing"). Both Shengzhan and Shengjing are under the common control of the parent company, along with Shanda Games.
Is GAME A Good Buy After The Recent Price Movement? Find Out Here
AK Steel Holding Corporation(NYSE:AKS) shares jumped 0.55% to $3.65. The company on July 30 said that it will increase base prices for 200, 300 and 400 series flat rolled stainless steel products, effective with shipments on August 1, 2013. AK Steel said this increase will be achieved through a reduction in the functional discount of two percentage points for cold rolled and hot rolled non-automotive exhaust products.
Is AKS A Strong Buy? Get Advantage Of Our Free Trend Analysis Here
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