Small U.S. Stocks Close Lower; Newsmax Cl B Posts Biggest Loss

Dow Jones
May 31

This article was automatically generated using Dow Jones technology.

Shares of small-cap companies declined Friday, as the Russell 2000 Index fell 0.4%, and the S&P Small Cap 600 Index was down 0.4%.

Among companies with a market value of $1 billion to $6.7 billion, Newsmax Inc. Cl B was the biggest laggard during the session, dropping 18%, followed by shares of Ambarella Inc., which dropped 15%. Shares of EchoStar Corp. dropped 12%, GIBO Holdings Ltd. Cl A shares plunged 12%, and PagerDuty Inc. tumbled 11%.

MP Materials Corp. was the best performer, surging 10%, followed by Universal Corp., which jumped 10%. SunRun Inc. shares surged 9.3%, GATX Corp. jumped 8.7%, and shares of BRP Inc. jumped 8.5%.

Major stock indexes in the U.S. closed mixed Friday as the Nasdaq Composite Index declined 0.3%. Meanwhile, the S&P 500 Index was flat, and the Dow Jones Industrial Average added 0.1%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 30, 2025 16:20 ET (20:20 GMT)

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