U.S. Small Caps Close Mixed As Novocure Lead, Archer Aviation Lags

Dow Jones12-03

This article was automatically generated using Dow Jones technology.

Shares of small-cap companies were mixed Monday, as the Russell 2000 Index closed flat, while the S&P Small Cap 600 Index was up 0.3%.

Among companies with a market value of $1 billion to $6.7 billion, Novocure Ltd. was the best performer during the session, surging 49%, followed by PTC Therapeutics Inc., which jumped 19%. Nebius Group N.V. Cl A shares jumped 17%, Fastly Inc. Cl A surged 16%, and shares of Wolfspeed Inc. surged 16%.

Archer Aviation Inc. was the biggest laggard, dropping 24%, followed by shares of Pharvaris N.V., which dropped 13%. Shares of Lemonade Inc. dropped 11%, Janux Therapeutics Inc. shares tumbled 11%, and Intuitive Machines Inc. Cl A tumbled 11%.

Major U.S. stock indexes closed mixed Monday with the Nasdaq Composite Index adding 1.0%. Meanwhile, the S&P 500 Index gained 0.2%, and the Dow Jones Industrial Average dropped 0.3%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

December 02, 2024 16:20 ET (21:20 GMT)

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

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