Tag - FTGX

Zale Corp. (Nasdaq:ZLC), SeaChange International Inc. (Nasdaq:SEAC) and Herley Industries Inc. (Nasdaq:HRLY) are among the new 52-week highs in Thursday's trading among companies with market capitalizations under $1 billion.

Also included among the results: FiberNet Telecom Group Inc. (Nasdaq:FTGX), DXP Enterprises Inc. (Nasdaq:DXPE), CryoLife Inc. (Nasdaq:CRY), Zep Inc. (Nasdaq:ZEP), Starrett LS Co. (Nasdaq:SCX) and Almost Family Inc. (Nasdaq:AFAM).

Here are the new 52-week highs among small caps:

DRAXIS Health Inc. (Nasdaq:DRAX), Arts-Way Manufacturing Co. Inc. (Nasdaq:ARTW) and FiberNet Telecom Group, Inc. (Nasdaq:FTGX) are among the biggest percentage gainers in Friday's trading among companies with market capitalizations under $750 million.

NxStage Medical, Inc. (Nasdaq:NXTM), Vineyard National Bancorp (Nasdaq:VNBC) and Gencor Industries, Inc. (Nasdaq:GENC) are also among the top small-cap percentage gainers.

Here are Friday's biggest percentage gainers among small caps:

The Russell 2000 (NYSE:IWM) has established a presence in positive territory despite bearish economic news. At 3:03 p.m. ET, the small-cap index had climbed 3.39 points, or 0.57%, to 705.27. The Dow Jones Industrial Average (INDU) was up 16.69 points, or 0.13%, to 12,565.33.

Small-cap stocks are in the green this afternoon despite disappointing economic news.

The Conference Board reported after the opening that its index of consumer confidence fell to a level of 64.5 in March from an upwardly revised level of 76.4 in February. That’s the lowest level in five years.

The business organization also said that its expectations index is now at a 35-year low, while consumer’s assessment of present-day business conditions also weakened.

The news raised fears that the U.S. economy is in recession, as . . .