Small-cap stocks took a plunge along with the broader market Wednesday. The Russell 2000 fell 1.1% to 724.24, and the S&P SmallCap 600 shed 1.2% to 382.47.Central Garden & Pet (CENT - Get Report), a Walnut Creek, Calif.-based marketer and producer of lawn and garden products as well as pet supplies, tumbled 36% to $4.44. The company said late Tuesday that high grain costs may cause fiscal 2008 profits to fall short of prior-year results. Management had said on a May 7 conference call that it expected modest year-over year improvements in financial results.
Small-Cap Winners & Losers: Xerium
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