U.S. Small Caps Close Up; GIBO Holdings Top Leaders

Dow Jones
04 Jun

This article was automatically generated using Dow Jones technology.

Shares of small-cap companies gained Tuesday, as the Russell 2000 Index increased 1.6%, and the S&P Small Cap 600 Index was up 1.6%.

Among companies with a market value of $1 billion to $6.7 billion, GIBO Holdings Ltd. Cl A was the best performer during the session, surging 19%, followed by MoonLake Immunotherapeutics, which jumped 18%. SunRun Inc. shares jumped 16%, Algonquin Power & Utilities Corp. jumped 16%, and shares of Perpetua Resources Corp. surged 16%.

Sable Offshore Corp. Cl A was the biggest laggard, dropping 18%, followed by shares of EchoStar Corp., which dropped 11%. Shares of United Natural Foods Inc. dropped 8.7%, MNTN Inc. shares plunged 6.2%, and Nano Nuclear Energy Inc. tumbled 5.7%.

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

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

June 03, 2025 16:20 ET (20:20 GMT)

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