American Axle & Manufacturing Holdings, Independent Bank and Bancorp Bank lead small-cap percentage losers

American Axle & Manufacturing Holdings Inc (Nasdaq:AXL), Independent Bank Corp (Michigan) (Nasdaq:IBCP) and Bancorp Bank (Nasdaq:TBBK) are among the biggest percentage losers in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Sciele Pharma Inc (Nasdaq:SCRX), Advanta Corp(Nasdaq:ADVNB), SI Financial Group Inc (Nasdaq:SIFI), Consolidated Graphics Inc (Nasdaq:CGX), Chimera Investment Corp (Nasdaq:CIM) and Global Traffic Network Inc (Nasdaq:GNET).

Here are the biggest percentage losers among small caps:

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