Friday's Small-Cap Winners & Losers

Updated from 2:21 p.m. EST with new stock prices

Small-cap stocks lifted a hair above the major indices, posting small, hesitant gains on a relatively calm Friday. The Russell 2000 Index was up less than 1% to 767.69, and the S&P SmallCap 600 fared about the same, rising to 398.73.

Shares of SeaChange International (SEAC Quote), one of a few small-cap standouts, soared 36.1% to $7.54 on revised earnings. The Acton, Mass.-based maker of digital video systems announced record third-quarter revenue of $49 million for a profit of $3.3 million, or 11 cents a share, vs. a loss of $1.2 million, or 4 cents a share, in the year-ago quarter. A typographical error had led to misrepresentation of revenue and EPS figures, among other data.

Meanwhile, Hamilton, Bermuda-based bond insurer Security Capital Assurance (SCA Quote) climbed 3.2% to $7.08 on a report from The Wall Street Journal that a deal had been struck between the U.S. government and the mortgage industry to stop subprime mortgage interest from resetting to higher rates. ...