U.S. Small Caps Decrease; LZ Technology Holdings Posts Biggest Loss

Dow Jones
28 Mar

This article was automatically generated using Dow Jones technology.

Shares of small-cap companies fell Thursday, as the Russell 2000 Index dropped 0.4%, and the S&P Small Cap 600 Index was down 0.4%.

Among companies with a market value of $1 billion to $6.7 billion, LZ Technology Holdings Ltd. Cl B was the biggest laggard during the session, dropping 18%, followed by shares of New Fortress Energy LLC Cl A, which dropped 16%. Shares of Verint Systems Inc. dropped 13%, Adient PLC shares plunged 10%, and Alvotech plunged 10%.

Concentrix Corp. was the best performer, surging 42%, followed by Soleno Therapeutics Inc., which surged 38%. Hertz Global Holdings Inc. shares jumped 23%, ImmunityBio Inc. surged 21%, and shares of Avis Budget Group Inc. surged 20%.

Major U.S. stock indexes decreased Thursday with the Nasdaq Composite Index declining 0.5%. Meanwhile, the S&P 500 Index dropped 0.3%, and the Dow Jones Industrial Average declined 0.4%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 27, 2025 16:21 ET (20:21 GMT)

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