Small U.S. Stocks Drop; Applied Optoelectronics Falls Furthest

Dow Jones
06 Dec 2024

This article was automatically generated using Dow Jones technology.

Shares of small-cap companies dropped Thursday, as the Russell 2000 Index fell 1.3%, and the S&P Small Cap 600 Index was down 1.5%.

Among companies with a market value of $1 billion to $6.7 billion, Applied Optoelectronics Inc. was the biggest laggard during the session, dropping 22%, followed by shares of Caleres Inc., which dropped 20%. Shares of AeroVironment Inc. dropped 16%, ACM Research Inc. Cl A shares plunged 15%, and American Eagle Outfitters Inc. tumbled 14%.

SoundHound AI Inc. was the best performer, surging 31%, followed by Verint Systems Inc., which surged 23%. Solaris Energy Infrastructure Inc. shares jumped 18%, Plug Power Inc. surged 15%, and shares of Five Below Inc. surged 10%.

Major stock indexes in the U.S. decreased Thursday as the Nasdaq Composite Index fell 0.2%. Meanwhile, the S&P 500 Index dropped 0.2%, and the Dow Jones Industrial Average declined 0.6%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

December 05, 2024 16:20 ET (21:20 GMT)

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