Carter Whitfield
Carter reports on session movers and company-specific catalysts, translating guidance changes and contract announcements into what they mean for smaller issuers.
Articles by Carter Whitfield
Russell 2000 Edges Higher Ahead of CPI as Small-Business Optimism Hits One-Year High
Small caps outpaced the major averages in Tuesday morning trading, helped by the strongest NFIB optimism reading since last August, as investors braced for Wednesday's inflation report.
Energy Is Suddenly the Small-Cap Sweet Spot: NESR Soars on Blowout Quarter as Oil Holds the Low $80s
A 4.6% Monday surge in the energy sector spilled into smaller names, with National Energy Services Reunited jumping more than 23% on results and Babcock & Wilcox rallying on a Siemens Energy turbine agreement.
Upwork Shares Crater More Than 20% as Guidance Cut Overshadows a Clean Q2 Beat
The freelance marketplace beat on revenue, earnings and EBITDA, but a $35 million cut to its full-year revenue outlook and a shrinking client base sent the small-cap stock to one of Tuesday’s ugliest declines.