Small U.S. Stocks Close Lower; Dyne Therapeutics Posts Biggest Loss

Dow Jones
01-11

This article was automatically generated using Dow Jones technology.

Shares of small-cap companies dropped Friday, as the Russell 2000 Index declined 2.2%, and the S&P Small Cap 600 Index was down 2.1%.

Among companies with a market value of $1 billion to $6.7 billion, Dyne Therapeutics Inc. was the biggest laggard during the session, dropping 31%, followed by shares of Avadel Pharmaceuticals PLC, which dropped 26%. Shares of Maravai LifeSciences Holdings Inc. dropped 21%, NeoGenomics Inc. shares tumbled 21%, and Mercury General Corp. tumbled 20%.

Arhaus Inc. was the best performer, surging 15%, followed by Savers Value Village Inc., which jumped 12%. Capri Holdings Ltd. shares jumped 10%, Frontline PLC surged 8.8%, and shares of Penguin Solutions Inc. jumped 7.9%.

Major U.S. stock indexes decreased Friday as the Nasdaq Composite Index fell 1.6%. Meanwhile, the S&P 500 Index dropped 1.5%, and the Dow Jones Industrial Average fell 1.6%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

January 10, 2025 16:20 ET (21:20 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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