Small U.S. Stocks Decrease; WAVE Life Sciences Takes Biggest Hit

Dow Jones03-27

This article was automatically generated using Dow Jones technology.

Shares of small-cap companies declined Thursday, as the Russell 2000 Index dropped 1.7%, and the S&P Small Cap 600 Index was down 1.1%.

Among companies with a market value of $1 billion to $6.7 billion, WAVE Life Sciences Ltd. was the biggest laggard during the session, dropping 50%, followed by shares of Lumexa Imaging Holdings Inc., which dropped 30%. Shares of MillerKnoll Inc. dropped 22%, Worthington Steel Inc. shares plunged 15%, and ADMA Biologics Inc. tumbled 14%.

Kodiak Sciences Inc. was the best performer, surging 75%, followed by Navan Inc. Cl A, which surged 43%. Precigen Inc. shares surged 26%, Avis Budget Group Inc. jumped 13%, and shares of Concentrix Corp. jumped 12%.

Major stock indexes in the U.S. closed down Thursday with the Nasdaq Composite Index dropping 2.4%. Meanwhile, the S&P 500 Index fell 1.7%, and the Dow Jones Industrial Average declined 1.0%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

March 26, 2026 16:21 ET (20:21 GMT)

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