U.S. Small Caps Move Upward; Photronics Leads Increases

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This article was automatically generated using Dow Jones technology.

Shares of small-cap companies increased Wednesday, as the Russell 2000 Index gained 1.3%, and the S&P Small Cap 600 Index was up 2.0%.

Among companies with a market value of $1 billion to $6.7 billion, Photronics Inc. was the best performer during the session, surging 45%, followed by Warby Parker Inc., which jumped 27%. Braze Inc. shares surged 18%, Olema Pharmaceuticals Inc. jumped 15%, and shares of Applied Optoelectronics Inc. surged 15%.

Critical Metals Corp. was the biggest laggard, dropping 13%, followed by shares of TMC the metals company Inc., which dropped 11%. Shares of Diginex Ltd. dropped 11%, Denali Therapeutics Inc. shares plunged 11%, and Ondas Holdings Inc. tumbled 9.8%.

Major stock indexes in the U.S. rose Wednesday with the Nasdaq Composite Index rising 0.3%. Meanwhile, the S&P 500 Index added 0.7%, and the Dow Jones Industrial Average added 1.0%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

December 10, 2025 16:20 ET (21:20 GMT)

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