This article was automatically generated using Dow Jones technology.

Shares of small-cap companies dropped Wednesday, as the Russell 2000 Index fell 1.0%, and the S&P Small Cap 600 Index was down 1.1%.

Among companies with a market value of $1 billion to $6.7 billion, Cricut Inc. Cl A was the biggest laggard during the session, dropping 14%, followed by shares of Diginex Ltd., which dropped 12%. Shares of Arrowhead Pharmaceuticals Corp. dropped 12%, ImmunityBio Inc. shares tumbled 11%, and Hims & Hers Health Inc. plunged 8.5%.

Hertz Global Holdings Inc. was the best performer, surging 56%, followed by USA Rare Earth Inc., which surged 16%. New Fortress Energy LLC Cl A shares jumped 11%, MP Materials Corp. surged 10%, and shares of IAMGOLD Corp. jumped 8.7%.

Major U.S. stock indexes dropped Wednesday as the Nasdaq Composite Index dropped 3.1%. Meanwhile, the S&P 500 Index fell 2.2%, and the Dow Jones Industrial Average fell 1.7%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

April 16, 2025 16:21 ET (20:21 GMT)

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