U.S. Small Caps Decrease; Wheels Up Experience Posts Biggest Loss

Dow Jones
Sep 03

This article was automatically generated using Dow Jones technology.

Shares of small-cap companies dropped Tuesday, as the Russell 2000 Index declined 0.6%, and the S&P Small Cap 600 Index was down 0.9%.

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 17%, followed by shares of Kindly MD Inc., which dropped 15%. Shares of Sable Offshore Corp. Cl A dropped 14%, Lucid Group Inc. shares tumbled 11%, and Tilray Brands Inc. tumbled 9.4%.

Mineralys Therapeutics Inc. was the best performer, surging 86%, followed by Cytokinetics Inc., which surged 40%. MannKind Corp. shares jumped 25%, Arrowhead Pharmaceuticals Corp. surged 17%, and shares of Opendoor Technologies Inc. jumped 16%.

Major U.S. stock indexes closed down Tuesday with the Nasdaq Composite Index falling 0.8%. Meanwhile, the S&P 500 Index dropped 0.7%, and the Dow Jones Industrial Average dropped 0.5%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

September 02, 2025 16:20 ET (20:20 GMT)

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