U.S. Small Caps Close Up; Novavax Leads Increases

Dow Jones01-22

This article was automatically generated using Dow Jones technology.

Shares of small-cap companies increased Wednesday, as the Russell 2000 Index gained 2.0%, and the S&P Small Cap 600 Index was up 2.6%.

Among companies with a market value of $1 billion to $6.7 billion, Novavax Inc. was the best performer during the session, surging 21%, followed by Lucid Group Inc., which jumped 18%. ServisFirst Bancshares Inc. shares surged 15%, TMC the metals company Inc. jumped 13%, and shares of Dana Inc. jumped 11%.

Newegg Commerce Inc. was the biggest laggard, dropping 18%, followed by shares of Gibraltar Industries Inc., which dropped 12%. Shares of Critical Metals Corp. dropped 11%, QuidelOrtho Corp. shares tumbled 10%, and Aeva Technologies Inc. tumbled 7.9%.

Major stock indexes in the U.S. closed up Wednesday as the Nasdaq Composite Index gained 1.2%. Meanwhile, the S&P 500 Index gained 1.2%, and the Dow Jones Industrial Average gained 1.2%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

January 21, 2026 16:21 ET (21:21 GMT)

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

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ServisFirst Bancshares Inc. shares surged 15%, TMC the metals company Inc. jumped 13%, and shares of Dana Inc. jumped 11%. \n\n\n  Newegg Commerce Inc. was the biggest laggard, dropping 18%, followed by shares of Gibraltar Industries Inc., which dropped 12%. Shares of Critical Metals Corp. dropped 11%, QuidelOrtho Corp. shares tumbled 10%, and Aeva Technologies Inc. tumbled 7.9%. \n\n\n  Major stock indexes in the U.S. closed up Wednesday as the Nasdaq Composite Index gained 1.2%. 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