Small U.S. Stocks Rise; MaxLinear Top Leaders

Dow Jones08-30

This article was automatically generated using Dow Jones technology.

Shares of small-cap companies gained Thursday, as the Russell 2000 Index added 0.7%, and the S&P Small Cap 600 Index was up 0.5%.

Among companies with a market value of $1 billion to $6.7 billion, MaxLinear Inc. was the best performer during the session, surging 16%, followed by Iris Energy Ltd., which surged 15%. EVgo Inc. Cl A shares jumped 8.5%, Sigma Lithium Corp. surged 8.1%, and shares of MannKind Corp. jumped 7.3%.

Clover Health Investments Corp. Cl A was the biggest laggard, dropping 9.0%, followed by shares of Redfin Corp., which dropped 7.9%. Shares of Ollie's Bargain Outlet Holdings Inc. dropped 7.6%, GMS Inc. shares tumbled 6.7%, and ImmunityBio Inc. plunged 6.4%.

Major U.S. stock indexes ended Thursday mixed with the Nasdaq Composite Index declining 0.2%. Meanwhile, the S&P 500 Index was flat, and the Dow Jones Industrial Average gained 0.6%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

August 29, 2024 16:20 ET (20:20 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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