This article was automatically generated using Dow Jones technology.

Shares of small-cap companies dropped Friday, as the Russell 2000 Index declined 0.5%, 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, Wheels Up Experience Inc. was the biggest laggard during the session, dropping 11%, followed by shares of ARS Pharmaceuticals Inc., which dropped 9.6%. Shares of Kindly MD Inc. dropped 8.3%, Newsmax Inc. Cl B shares tumbled 7.6%, and Ouster Inc. plunged 7.6%.

Ambarella Inc. was the best performer, surging 17%, followed by IREN Ltd., which surged 15%. Super X AI Technology Ltd. shares jumped 14%, BRP Inc. surged 9.5%, and shares of Cipher Mining Inc. jumped 8.8%.

Major U.S. stock indexes fell Friday with the Nasdaq Composite Index dropping 1.1%. Meanwhile, the S&P 500 Index dropped 0.6%, and the Dow Jones Industrial Average fell 0.2%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

August 29, 2025 16:20 ET (20:20 GMT)

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