Small Cap Stocks Movers (PVG, ISLE, GAME, IRDM)

Penn Virginia GP Holdings, L.P. (NYSE:PVG) is one of the biggest losers and slid 5.15% to $16.25 after the company . announced that indirect wholly owned subsidiaries of Penn Virginia Corporation have priced their public offering of an aggregate of 8,827,429 common units representing limited partner interests in PVG. The units were offered to the public at a price of $16.08 per unit.

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Penn Virginia GP Holdings, L.P. is a partnership that owns three types of equity interests in Penn Virginia Resource Partners, L.P. (PVR), a partnership engaged in the management of coal and natural resource properties and the gathering and processing of natural gas.

Isle of Capri Casinos (NASDAQ:ISLE) soared 16.40% to $10.76 on very unusual volume of 407K shares. The company said Tuesday that it earned $4.9 million, or 15 cents per share, for the three-months that ended April 25. Net revenue, which excludes promotional allowances from total revenue, fell over5% to $268.8 million, from $284.6 million.

Analsyst were expecting the company to report a loss of 8 cents per share with revenue $260.3 million.

Isle of Capri Casinos, Inc. is a developer, owner and operator of branded gaming facilities and related lodging and entertainment facilities in regional markets in the United States and internationally.

Shanda Games Limited(ADR) (NASDAQ:GAME) climbed 11.53% to $5.90 after the company said that its net income increased to 341.9 million yuan ($50.1 million), or 18 cents per American depositary receipt, Shanda Games said in a statement today, analysts were expecting the company to report earnings of 19 cents a share.

Today, Susquehanna maintained their Neutral rating on the company’s share.

Shanda Games Limited (Shanda Games) is an online game company. The Company’s online game business includes the business of developing, operating and licensing its massively multi-player online role-playing games (MMORPGs) and advanced casual games.

Iridium Communications Inc. (NASDAQ:IRDM) gained 6.50% to $9.27 after today it announced its comprehensive plan for funding, building and deploying its next-generation satellite constellation, Iridium NEXT.

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