U.S. Small Caps Finish Mixed As Trump Media & Tech Lead, Fangdd Network Group Lags

Dow Jones
09 Oct 2024

This article was automatically generated using Dow Jones technology.

Shares of small-cap companies were mixed Tuesday, as the Russell 2000 Index added 0.1%, while the S&P Small Cap 600 Index was down 0.1%.

Among companies with a market value of $1 billion to $6.7 billion, Trump Media & Technology Group Corp. was the best performer during the session, surging 19%, followed by PTC Therapeutics Inc., which surged 17%. Petco Health & Wellness Co. Inc. shares surged 12%, Applied Digital Corp. surged 11%, and shares of Sweetgreen Inc. surged 9.6%.

Fangdd Network Group Ltd. was the biggest laggard, dropping 24%, followed by shares of Scholar Rock Holding Corp., which dropped 14%. Shares of Canadian Solar Inc. dropped 11%, Wheels Up Experience Inc. shares plunged 10%, and Aspen Aerogels Inc. plunged 10%.

Major stock indexes in the U.S. climbed Tuesday as the Nasdaq Composite Index gained 1.4%. Meanwhile, the S&P 500 Index added 1.0%, and the Dow Jones Industrial Average increased 0.3%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

October 08, 2024 16:20 ET (20:20 GMT)

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