U.S. Small Caps Drop; EyePoint Posts Biggest Loss

Dow Jones
Aug 18

This article was automatically generated using Dow Jones technology.

Shares of small-cap companies dropped Monday, as the Russell 2000 Index fell 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, EyePoint Inc. was the biggest laggard during the session, dropping 67%, followed by shares of Flotek Industries Inc., which dropped 20%. Shares of StubHub Holdings Inc. Cl A dropped 12%, Unusual Machines Inc. shares tumbled 11%, and PicS N.V. tumbled 11%.

AXT Inc. was the best performer, surging 18%, followed by Freenome Inc., which jumped 12%. RUM Group Inc. shares jumped 10%, Wolfspeed Inc. surged 10%, and shares of Liberty Global Ltd. Cl B jumped 9.3%.

Major stock indexes in the U.S. fell Monday as the Nasdaq Composite Index fell 0.3%. Meanwhile, the S&P 500 Index declined 0.5%, and the Dow Jones Industrial Average fell 0.5%.

Data source: Dow Jones Market Data, FactSet

 

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