Smallcap Stocks Outperform Broader Market with Double-Digit Gains Smallcap equities surged today, delivering a 19.64% return and outpacing midcap and large cap segments. TransMedics Group, Inc. led the rally, while the advance-decline ratio signaled bullish sentiment. In contrast, midcap and large cap stocks showed mixed results, highlighting investor preference for smaller, growth-oriented companies at present.2