U.S. Small Caps Drop; POET Technologies Posts Biggest Loss

Dow Jones
06/06

This article was automatically generated using Dow Jones technology.

Shares of small-cap companies fell Friday, as the Russell 2000 Index dropped 3.5%, and the S&P Small Cap 600 Index was down 1.8%.

Among companies with a market value of $1 billion to $6.7 billion, POET Technologies Inc. was the biggest laggard during the session, dropping 23%, followed by shares of Almonty Industries Inc., which dropped 21%. Shares of T1 Energy Inc. dropped 19%, FuelCell Energy Inc. shares tumbled 19%, and Ballard Power Systems Inc. tumbled 19%.

Goosehead Insurance Inc. Cl A was the best performer, surging 7.1%, followed by ABM Industries Inc., which jumped 6.7%. ArcBest Corp. shares jumped 6.2%, Coty Inc. Cl A jumped 5.9%, and shares of Neptune Insurance Holdings Inc. jumped 5.9%.

Major stock indexes in the U.S. declined Friday as the Nasdaq Composite Index dropped 4.2%. Meanwhile, the S&P 500 Index declined 2.6%, and the Dow Jones Industrial Average declined 1.3%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

June 05, 2026 16:20 ET (20:20 GMT)

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