The U.S. April nonfarm payroll data was much lower than the consensus estimates, resulting in heat up in the market concerns about that the U.S. economy is losing its growth momentum; unemployment rate decreased to 8.1%, better than expected. The U.S. stocks opened lower and traded lower, the three major stock indexes decline more that 1%. But there were still some stocks defying the sluggish market trend and achieving great results.
Top stock gainers No.1: CRFN
Crescent Financial Bancshares, Inc. (CRFN) provides commercial and retail banking services in North Carolina. The company’s stock price soared 31.86%, or $1.51, to close at $6.25 per share on volume of 10,003 shares, exceeding the 52 week-range high of $4.75 per share and leading today’s top stock gaines. CRFN only commands a market cap of $177.23 million.
Top stock gainers No.2: CLIR
Clearsign Combustion Corporation (CLIR) is engaged in designs, develops and markets technologies. CLIR saw an increase of $24% in its share price on a volume of 354,754 shares today. Since the first day of public trading on the Nasdaq on April 26th, CLIR stock price has consistently climbed up and the shares have accumulatively moved up 77.14%.
Top stock gainers No.3: FACE
Physicians Formula Holdings Inc. (FACE) is a cosmetics company focuses on developing and marketing products for the mass market channel. FACE stock price climbed up 22.26%, or $0.69, to end at $3.79 per share, on an intrady volume of 211,908 shares as the company released the first financial results, showing the company recognized revenues of $26.2 million, better than the average analyst estimate of $23.15 million. The quarterly earnings per share of $0.16, $0.10 higher than the consensus estimates of $0.06. The company predicted the fiscal 2012 full year earnings per share would reach $0.10-$0.18, better than the previously announced guidance of $0.07-$0.15 and the consensus estimate of $0.12.