Small U.S. Stocks Close Lower; BioAge Labs Posts Biggest Loss

Dow Jones
Aug 01

This article was automatically generated using Dow Jones technology.

Shares of small-cap companies declined Friday, as the Russell 2000 Index fell 0.5%, and the S&P Small Cap 600 Index was down 0.1%.

Among companies with a market value of $1 billion to $6.7 billion, BioAge Labs Inc. was the biggest laggard during the session, dropping 64%, followed by shares of Monte Rosa Therapeutics Inc., which dropped 27%. Shares of Veracyte Inc. dropped 23%, Alignment Healthcare Inc. shares tumbled 20%, and Huntsman Corp. tumbled 19%.

AXT Inc. was the best performer, surging 29%, followed by Integer Holdings Corp., which jumped 20%. Perella Weinberg Partners shares jumped 18%, Ambarella Inc. jumped 16%, and shares of Alvotech jumped 15%.

Major stock indexes in the U.S. moved upward Friday with the Nasdaq Composite Index gaining 1.0%. Meanwhile, the S&P 500 Index gained 0.7%, and the Dow Jones Industrial Average added 0.5%.

Data source: Dow Jones Market Data, FactSet

 

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