This article was automatically generated using Dow Jones technology.

Shares of small-cap companies added Friday, as the Russell 2000 Index gained 0.8%, 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, NovaBay Pharmaceuticals Inc. was the best performer during the session, surging 103%, followed by TryHard Holdings Ltd., which jumped 36%. CG Oncology Inc. shares surged 29%, MoonLake Immunotherapeutics jumped 29%, and shares of ARS Pharmaceuticals Inc. surged 19%.

Beta Bionics Inc. was the biggest laggard, dropping 37%, followed by shares of WeShop Holdings Ltd., which dropped 21%. Shares of AXT Inc. dropped 11%, Greenbrier Cos. Inc. shares tumbled 10%, and Pacira BioSciences Inc. tumbled 9.6%.

Major stock indexes in the U.S. closed up Friday with the Nasdaq Composite Index rising 0.8%. Meanwhile, the S&P 500 Index increased 0.6%, and the Dow Jones Industrial Average added 0.5%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

January 09, 2026 16:21 ET (21:21 GMT)

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