U.S. Small Caps Decrease; Navan Falls Furthest

Dow Jones
Sep 11

This article was automatically generated using Dow Jones technology.

Shares of small-cap companies declined Thursday, as the Russell 2000 Index declined 1.0%, 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, Navan Inc. Cl A was the biggest laggard during the session, dropping 22%, followed by shares of SL Science Holding Ltd., which dropped 20%. Shares of Biohaven Ltd. dropped 15%, American Eagle Outfitters Inc. shares plunged 14%, and Axogen Inc. plunged 11%.

Wealthfront Corp. was the best performer, surging 15%, followed by Clover Health Investments Corp. Cl A, which surged 8.5%. Seaport Therapeutics Inc. shares surged 7.0%, Tyra Biosciences Inc. surged 7.0%, and shares of Digital Turbine Inc. surged 6.7%.

Major stock indexes in the U.S. fell Thursday with the Nasdaq Composite Index dropping 0.7%. Meanwhile, the S&P 500 Index declined 0.6%, and the Dow Jones Industrial Average fell 0.6%.

Data source: Dow Jones Market Data, FactSet

 

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