U.S. Small Caps Drop; Gogo Inc. Takes Biggest Hit

Dow Jones
05-24

This article was automatically generated using Dow Jones technology.

Shares of small-cap companies dropped Friday, as the Russell 2000 Index declined 0.3%, 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, Gogo Inc. was the biggest laggard during the session, dropping 15%, followed by shares of Next Technology Holding Inc., which dropped 13%. Shares of Diginex Ltd. dropped 12%, ViaSat Inc. shares plunged 9.2%, and Webull Corp. Cl A plunged 8.9%.

Merus N.V. was the best performer, surging 33%, followed by Nano Nuclear Energy Inc., which surged 30%. Regencell Bioscience Holdings Ltd. shares jumped 27%, Uranium Energy Corp. surged 24%, and shares of Oklo Inc. jumped 23%.

Major U.S. stock indexes fell Friday as the Nasdaq Composite Index declined 1.0%. Meanwhile, the S&P 500 Index fell 0.7%, and the Dow Jones Industrial Average declined 0.6%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 23, 2025 16:20 ET (20:20 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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