U.S. Small Caps Close Mixed As Iris Energy Lead, Primega Group Holdings Lags

Dow Jones
28 Nov 2024

This article was automatically generated using Dow Jones technology.

Shares of small-cap companies were mixed Wednesday, 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, Iris Energy Ltd. was the best performer during the session, surging 30%, followed by Arrowhead Pharmaceuticals Corp., which jumped 24%. Urban Outfitters Inc. shares jumped 18%, Hut 8 Corp. surged 17%, and shares of Cipher Mining Inc. jumped 15%.

Primega Group Holdings Ltd. was the biggest laggard, dropping 98%, followed by shares of Applied Therapeutics Inc., which dropped 16%. Shares of Alpha & Omega Semiconductor Inc. dropped 9.1%, Nordstrom Inc. shares plunged 8.1%, and Pharvaris N.V. plunged 7.5%.

Major U.S. stock indexes closed down Wednesday with the Nasdaq Composite Index dropping 0.6%. Meanwhile, the S&P 500 Index dropped 0.4%, and the Dow Jones Industrial Average declined 0.3%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

November 27, 2024 16:20 ET (21:20 GMT)

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