Small U.S. Stocks Close Lower; Fangdd Network Group Posts Biggest Loss

Dow Jones
04 Oct 2024

This article was automatically generated using Dow Jones technology.

Shares of small-cap companies declined Thursday, as the Russell 2000 Index dropped 0.7%, and the S&P Small Cap 600 Index was down 0.7%.

Among companies with a market value of $1 billion to $6.7 billion, Fangdd Network Group Ltd. was the biggest laggard during the session, dropping 14%, followed by shares of NovaGold Resources Inc., which dropped 13%. Shares of Ingevity Corp. dropped 12%, agilon health inc. shares tumbled 12%, and Albany International Corp. Cl A tumbled 11%.

EVgo Inc. Cl A was the best performer, surging 61%, followed by Clover Health Investments Corp. Cl A, which surged 11%. Petco Health & Wellness Co. Inc. shares jumped 10%, Vital Energy Inc. surged 9.6%, and shares of Delek US Holdings Inc. jumped 9.0%.

Major U.S. stock indexes finished mixed Thursday with the Nasdaq Composite Index closing steady. Meanwhile, the S&P 500 Index dropped 0.2%, and the Dow Jones Industrial Average declined 0.4%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

October 03, 2024 16:20 ET (20:20 GMT)

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