U.S. Small Caps Close Mixed As Iris Energy Lead, Hawaiian Electric Inds Lags

Dow Jones
2024/09/25

This article was automatically generated using Dow Jones technology.

Shares of small-cap companies were mixed Tuesday, as the Russell 2000 Index increased 0.2%, and the S&P Small Cap 600 Index was unchanged.

Among companies with a market value of $1 billion to $6.7 billion, Iris Energy Ltd. was the best performer during the session, surging 13%, followed by MP Materials Corp., which jumped 12%. TeraWulf Inc. shares jumped 9.8%, NuScale Power Corp. jumped 9.7%, and shares of PureCycle Technologies Inc. surged 9.7%.

Hawaiian Electric Industries Inc. was the biggest laggard, dropping 9.2%, followed by shares of Bread Financial Holdings Inc., which dropped 7.5%. Shares of Rocket Pharmaceuticals Inc. dropped 7.5%, IDEAYA Biosciences Inc. shares plunged 7.0%, and Jamf Holding Corp. tumbled 6.5%.

Major U.S. stock indexes closed up Tuesday with the Nasdaq Composite Index increasing 0.6%. Meanwhile, the S&P 500 Index gained 0.3%, and the Dow Jones Industrial Average gained 0.2%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

September 24, 2024 16:20 ET (20:20 GMT)

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