U.S. Small Caps Move Upward; Paymentus Holdings Leads Increases

Dow Jones08-05

This article was automatically generated using Dow Jones technology.

Shares of small-cap companies added Tuesday, as the Russell 2000 Index increased 1.8%, and the S&P Small Cap 600 Index was up 1.7%.

Among companies with a market value of $1 billion to $6.7 billion, Paymentus Holdings Inc. was the best performer during the session, surging 29%, followed by Oric Pharmaceuticals Inc., which jumped 27%. UFP Technologies Inc. shares jumped 25%, Ameresco Inc. Cl A jumped 23%, and shares of Inspire Medical Systems Inc. jumped 23%.

AdaptHealth Corp. was the biggest laggard, dropping 38%, followed by shares of Centuri Holdings Inc., which dropped 21%. Shares of Albany International Corp. Cl A dropped 16%, Knife River Corp. shares tumbled 12%, and Ichor Holdings Ltd. tumbled 11%.

Major stock indexes in the U.S. moved upward Tuesday as the Nasdaq Composite Index gained 2.6%. Meanwhile, the S&P 500 Index gained 1.8%, and the Dow Jones Industrial Average added 1.7%.

Data source: Dow Jones Market Data, FactSet

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