Super Tiny Stocks Staging Bigger Rebound Rally Than Megacap Tech
- Russell Microcap Index has outpaced S&P 500 since March bottom
- Gauge having best month versus U.S. benchmark since 2017
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Tech behemoths have been Wall Street’s obsession all year. But the tiniest of stocks have surreptitiously been making a comeback -- in a big way.
The Russell Microcap Index, whose members have a value of $300 million on average, is up more than 60% from this year’s stock-market lows, outperforming both the tech-heavy Nasdaq 100 and the S&P 500. The tiny-stock gauge is having its best month relative to the U.S. equity benchmark since September 2017.