Thursday's Small-Cap Winners & Losers

Updated from 2:14 p.m. EST with new stock prices

Small-cap stocks drove deep into positive territory Thursday, making the broader market's gains look small by comparison. The Russell 2000 Index and the S&P SmallCap 600 each gained 2.8% to 786.95 and 408.65, respectively.

Leading the convoy of gainers, Fleetwood Enterprises (FLE Quote) jumped 29.3% to $6.23 after the Riverside, Calif., maker of recreational vehicles beat earnings expectations. The company reported a fiscal second-quarter loss of $1.2 million, or 2 cents a share, a significant improvement from a $20.4 million, or 32 cents a share, loss in the year-ago period. Analysts polled by Thomson Financial were expecting a loss of 6 cents a share.

Also reporting a narrowed loss, Krispy Kreme (KKD Quote) saw shares rocket 27% to $3.24. For its fiscal third-quarter, the Winston-Salem, N.C., doughnut establishment posted a loss of $798,000, or a penny a share, compared with a $7.2 million, or 12 cents-a-share, loss a year ago. Analysts expected EPS of zero cents. ...