This One’s a Head Scratcher

Small businesses got killed during the first few months of the year. Unsurprisingly, small stocks followed suit. The Russell Micro-cap index fell 42% from the middle of January to the middle of March.
With a weighted average market cap of just $660 million, these stocks are more sensitive to fluctuations in the economy, are less well-capitalized, and have higher borrowing costs than their mega-cap brethren. Their relative…

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