U.S. Small Caps Close Lower; Azenta Falls Furthest

Dow Jones
Aug 25

This article was automatically generated using Dow Jones technology.

Shares of small-cap companies fell Monday, as the Russell 2000 Index dropped 0.8%, 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, Azenta Inc. was the biggest laggard during the session, dropping 12%, followed by shares of Innodata Inc., which dropped 11%. Shares of Unusual Machines Inc. dropped 10%, ITG Inc. Cl A shares tumbled 10%, and NextNav Inc. plunged 10%.

Alvotech was the best performer, surging 19%, followed by TOP Financial Group Ltd., which surged 15%. Generate Biomedicines Inc. shares jumped 9.9%, Seabridge Gold Inc. surged 9.5%, and shares of WEBTOON Entertainment Inc. jumped 9.0%.

Major U.S. stock indexes closed mixed Monday with the Nasdaq Composite Index declining 0.8%. Meanwhile, the S&P 500 Index fell 0.3%, and the Dow Jones Industrial Average added 0.3%.

Data source: Dow Jones Market Data, FactSet

 

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