This article was automatically generated using Dow Jones technology.
Shares of small-cap companies increased Friday, as the Russell 2000 Index gained 0.9%, and the S&P Small Cap 600 Index was up 0.8%.
Among companies with a market value of $1 billion to $6.7 billion, Quantum Computing Inc. was the best performer during the session, surging 39%, followed by ACADIA Pharmaceuticals Inc., which jumped 26%. Applied Digital Corp. shares surged 22%, Cipher Mining Inc. surged 22%, and shares of Metsera Inc. surged 15%.
Globant S.A. was the biggest laggard, dropping 24%, followed by shares of Travere Therapeutics Inc., which dropped 21%. Shares of Next Technology Holding Inc. dropped 17%, Altice USA Inc. Cl A shares tumbled 14%, and Array Technologies Inc. tumbled 9.0%.
Major stock indexes in the U.S. increased Friday as the Nasdaq Composite Index increased 0.5%. Meanwhile, the S&P 500 Index added 0.7%, and the Dow Jones Industrial Average gained 0.8%.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
May 16, 2025 16:20 ET (20:20 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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