U.S. Small Caps Drop; POET Technologies Posts Biggest Loss

Dow Jones
Jun 06

This article was automatically generated using Dow Jones technology.

Shares of small-cap companies fell Friday, as the Russell 2000 Index dropped 3.5%, and the S&P Small Cap 600 Index was down 1.8%.

Among companies with a market value of $1 billion to $6.7 billion, POET Technologies Inc. was the biggest laggard during the session, dropping 23%, followed by shares of Almonty Industries Inc., which dropped 21%. Shares of T1 Energy Inc. dropped 19%, FuelCell Energy Inc. shares tumbled 19%, and Ballard Power Systems Inc. tumbled 19%.

Goosehead Insurance Inc. Cl A was the best performer, surging 7.1%, followed by ABM Industries Inc., which jumped 6.7%. ArcBest Corp. shares jumped 6.2%, Coty Inc. Cl A jumped 5.9%, and shares of Neptune Insurance Holdings Inc. jumped 5.9%.

Major stock indexes in the U.S. declined Friday as the Nasdaq Composite Index dropped 4.2%. Meanwhile, the S&P 500 Index declined 2.6%, and the Dow Jones Industrial Average declined 1.3%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

June 05, 2026 16:20 ET (20:20 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10