Small Cap Stock Movers (ADLR, SMOD, PLUG, KAMN)

Shares of Adolor Corporation (NASDAQ:ADLR) slid 15% to $1.28 and made a new 52-week low of $1.18 after late Thursday the company said that it failed to meet main goal got its experimental drugs to , which reduces pain for patients with osteoarthritis in a mid-stage trial.

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The company said the trial showed a high placebo response, with neither oxycodone nor Adolor's drugs demonstrating a statistically significant improvement over the dummy pill.

SMART Modular Technologies (WWH), Inc. (NASDAQ:SMOD) is one of the biggest gainer and soared 9.31% to $7.12 after the company posted solid results for its third quarter and also forecasted earnings, that topped the analysts estimates.

posted stronger than expected Q3 results and provided a rosy outlook for the current quarter.

The company said it adjusted earnings in the recent quarter was $14.9 million, or 23 cents a share, versus a loss of $2.4 million, or 4 cents a share, a year ago quarter.

Revenue jumped to $201.2 million from $91.6 million last year.

Analysts were expecting the company to come out with earnings of 18 cents a share with revenue of $180.7 million.

The company also said that it sees fourth-quarter adjusted earnings within the range of 22-24 cents a share and revenue of $200 million - $210 million.

Analysts were looking the company to report earnings of 20 cents a share, on revenue of $185.9 million.

Plug Power Inc. (NASDAQ:PLUG) surged 6.67% to $0.48 after after it said Sysco (NYSE: SYY) has deployed 98 GenDrive fuel cell units to power a fleet of The Raymond Corporation's electric lift trucks at its new Houston, Texas distribution center. GenDrive product is placed into 72 Raymond Model 8400 pallet trucks and 26 Raymond Model 7400 Reach-Fork® trucks. Sysco celebrated a grand-opening of its highly-efficient distribution center today.

Last Friday, the stock made a new 52-week low of $0.36.

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Kaman Corporation (NASDAQ:KAMN) slid 2.10% to $24.22 after the company warned Thursday that its results for the current quarter will come in below expectations following the company has suspended production of a certain type of bomb fuze for the Air Force.

The halt will reduce sales for the second quarter by about $25 million, Kaman said. It now expects to post revenue of $310 million to $320 million for the quarter and net income of 15 cents to 20 cents per share for the quarter ending July 2.

Analysts surveyed by Thomson Reuters project profit of 39 cents per share on revenue of $324 million.

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