Small U.S. Stocks Drop; QuantumScape Takes Biggest Hit

Dow Jones
20 May

This article was automatically generated using Dow Jones technology.

Shares of small-cap companies dropped Monday, as the Russell 2000 Index dropped 0.4%, and the S&P Small Cap 600 Index was down 0.6%.

Among companies with a market value of $1 billion to $6.7 billion, QuantumScape Corp. Cl A was the biggest laggard during the session, dropping 16%, followed by shares of Aeva Technologies Inc., which dropped 16%. Shares of Regencell Bioscience Holdings Ltd. dropped 10%, Liquidia Corp. shares plunged 9.8%, and SoundHound AI Inc. plunged 8.2%.

TMC the metals company Inc. was the best performer, surging 22%, followed by Novavax Inc., which jumped 15%. Sable Offshore Corp. Cl A shares jumped 14%, Moog Inc. Cl B jumped 10%, and shares of BGC Group Inc. Cl A jumped 8.9%.

Major stock indexes in the U.S. ended Monday mixed with the Nasdaq Composite Index closing flat. Meanwhile, the S&P 500 Index gained 0.1%, and the Dow Jones Industrial Average gained 0.3%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 19, 2025 16:20 ET (20:20 GMT)

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