This article was automatically generated using Dow Jones technology.

Shares of small-cap companies fell Thursday, as the Russell 2000 Index declined 2.0%, and the S&P Small Cap 600 Index was down 1.8%.

Among companies with a market value of $1 billion to $6.7 billion, RXO Inc. was the biggest laggard during the session, dropping 20%, followed by shares of Ridgepost Capital Inc., which dropped 20%. Shares of Utz Brands Inc. dropped 19%, Aehr Test Systems shares tumbled 18%, and QuidelOrtho Corp. tumbled 18%.

Fastly Inc. Cl A was the best performer, surging 72%, followed by IPG Photonics Corp., which surged 35%. Sphere Entertainment Co. shares jumped 22%, Iridium Communications Inc. surged 21%, and shares of Novocure Ltd. surged 19%.

Major U.S. stock indexes closed down Thursday with the Nasdaq Composite Index falling 2.0%. Meanwhile, the S&P 500 Index fell 1.6%, and the Dow Jones Industrial Average dropped 1.3%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

February 12, 2026 16:21 ET (21:21 GMT)

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