Some of the best performing small cap stocks of the day include:

Soliton Inc. (SOLY)

Shares of SOLY are up 111.5% on the day on volume of 15.4 million shares, as compared to daily average volume of 236,793. All on news the company received clearance from the U.S. FDA to market its Rapid Acoustic Pulse for tattoo removal. "Receiving clearance from the FDA, while in line with our expectations, is nonetheless gratifying and validating, representing a bedrock for the commercialization plan of our RAP technology," commented Dr. Chris Capelli, President, CEO and co-founder of Soliton. “This clearance to market allows us to begin the transition from R&D to expanded product development and commercialization within the tattoo removal segment.”

Exela Technologies Inc. (XELA)

Shares of XELA are up 40.7% on the day on volume of 1.3 million shares, as compared to daily average volume of 102,990.

SeaWorld Entertainment (SEAS)

Shares of SEAS are up 17.3% on the day on volume of 4.8 million shares, as compared to daily average volume of 6.8 million shares. All on news the company announced a series of share purchase agreements that should remove concerns hanging over the stock. CEO Gus Antorcha noted that he still sees opportunities to cut costs and improve margins, saying, "We believe we'll deliver attendance, revenue in adjusted EBITDA growth that will result in a meaningful increased shareholder value."