This article was automatically generated using Dow Jones technology.

Shares of small-cap companies dropped Wednesday, as the Russell 2000 Index dropped 0.2%, and the S&P Small Cap 600 Index was down 0.3%.

Among companies with a market value of $1 billion to $6.7 billion, Asana Inc. Cl A was the biggest laggard during the session, dropping 20%, followed by shares of Neogen Corp., which dropped 17%. Shares of GIBO Holdings Ltd. Cl A dropped 16%, Karooooo Ltd. shares tumbled 8.8%, and PBF Energy Inc. plunged 8.2%.

Applied Digital Corp. was the best performer, surging 29%, followed by NovaGold Resources Inc., which surged 24%. SharpLink Gaming Ltd. shares jumped 18%, REV Group Inc. jumped 15%, and shares of Redwire Corp. surged 15%.

Major U.S. stock indexes closed mixed Wednesday with the Nasdaq Composite Index gaining 0.3%. Meanwhile, the S&P 500 Index was flat, and the Dow Jones Industrial Average declined 0.2%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

June 04, 2025 16:20 ET (20:20 GMT)

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