Thursday's NASDAQ Winners: SCVL, SWHC, MAPP, KIOR

New York, NY - March 23, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Thursday March 22nd. The Nasdaq Composite ended lower by 12 points or 0.40% to close at 3,063.32.

Shoe Carnival, Inc. (NASDAQ: SCVL) reported fourth quarter net income of $3.3 million or $0.24 per share, as compared to last year's $4.4 million or $0.33 per share. Analysts expected the company to earn $0.21 per share for the quarter. Net sales increased to $181.9 million, from $179.9 million in the year ago period. Analysts expected revenues of $180.91 million for the quarter. Looking forward, the company expects first quarter of fiscal 2012, earnings to be in between $0.75-$0.78 per share on net sales of $219 million to $222 million. Shares of the company closed at $32.11 after surging 21.17% in Thursday’s trading session.

The stock has continued its gains in early morning trading.

Smith & Wesson Holding Corporation (NASDAQ: SWHC) closed at $7.68 on 6.24 million shares. Earlier this month the Company raised its sales outlook for fiscal 2012 to $395.0 million and $400.0 million and net sales for the fourth quarter of 2012 to be between $113.0 million and $118.0 million. Analysts were expecting the company to report revenue of $393.1 million for fiscal 2012 and revenue of $114.0 million for the first quarter of 2012.

MAP Pharmaceuticals Inc. (NASDAQ: MAPP) closed higher by 10.55% to end at $16.76. The 52 week trading range for the company is $10.54 - $17.92. On Feb. 23, 2012, the company announced that the United States Patent and Trademark Office (USPTO) issued to the Company U.S. Patent No. 8,119,639, titled Method of Therapeutic Administration of DHE to Enable Rapid Relief of Migraine while Minimizing Side Effect Profile.

KiOR Inc (NASDAQ: KIOR) closed at $10.76, climbing 15.08% in Thursday’s trading session. The 52 week trading range for the company is $7.51 - $23.85. KiOR is development- stage company. KiOR is a renewable fuels company, which has developed a technology platform to convert non-food biomass into hydrocarbon-based oil.

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