U.S. Small Caps Close Lower; Sweetgreen Takes Biggest Hit

Dow Jones
2024-12-14

This article was automatically generated using Dow Jones technology.

Shares of small-cap companies dropped Friday, as the Russell 2000 Index dropped 0.6%, and the S&P Small Cap 600 Index was down 0.6%.

Among companies with a market value of $1 billion to $6.7 billion, Sweetgreen Inc. was the biggest laggard during the session, dropping 8.7%, followed by shares of Under Armour Inc. Cl A, which dropped 8.1%. Shares of Under Armour Inc. Cl C dropped 8.0%, Amicus Therapeutics Inc. shares plunged 7.8%, and Guardian Pharmacy Services Inc. Cl A plunged 7.6%.

D-Wave Quantum Inc. was the best performer, surging 28%, followed by SoundHound AI Inc., which jumped 24%. Rigetti Computing Inc. shares jumped 20%, Archer Aviation Inc. jumped 17%, and shares of TaskUs Inc. jumped 16%.

Major stock indexes in the U.S. closed mixed Friday with the Nasdaq Composite Index rising 0.1%. Meanwhile, the S&P 500 Index was flat, and the Dow Jones Industrial Average fell 0.2%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

December 13, 2024 16:20 ET (21:20 GMT)

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