Although the Russell 2000 (NYSEARCA:IWM) is down about 17% from its November highs, and its forward P/E is also compressed, ...
Small and micro-cap stocks are meant to be the mid to large caps of the future. But a combination of structural and cyclical trends have some in the market questioning their long-term viability.
The S&P Small Cap 600, whose components have an average market capitalization of $3 billion, is down 11% from its record closing high set late last year.
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