Small-Stock Focus: Nasdaq Posts Steepest Gains of Major Indexes; Vivus Sees Its Share Price More Than Double
Corrections & Amplifications</br></br>O'SULLIVAN INDUSTRIES HOLDINGS Inc. said it expects earnings for the fiscal third quarter ending March 31 will be up more than 70% from a year earlier. Yesterday's Small Stock Focus incorrectly stated that the company expects earnings to be up 24%. (WSJ Mar. 10, 1999)</br></br>NEW YORK -- Small-capitalization stocks rose moderately, outpacing most broad-market and blue-chip measures.</br></br>A notable exception, however, was the overall Nasdaq market, which was sharply higher and posted the steepest gains of the major stock-market indexes.</br></br>The overall Nasdaq market outperformed the small-cap market, as measured by the Russell 2000 index, largely because of the strength of Nasdaq's large-cap technology components.