This article was automatically generated using Dow Jones technology.
Shares of small-cap companies increased Friday, as the Russell 2000 Index gained 0.9%, and the S&P Small Cap 600 Index was up 0.8%.
Among companies with a market value of $1 billion to $6.7 billion, Quantum Computing Inc. was the best performer during the session, surging 39%, followed by ACADIA Pharmaceuticals Inc., which jumped 26%. Applied Digital Corp. shares surged 22%, Cipher Mining Inc. surged 22%, and shares of Metsera Inc. surged 15%.
Globant S.A. was the biggest laggard, dropping 24%, followed by shares of Travere Therapeutics Inc., which dropped 21%. Shares of Next Technology Holding Inc. dropped 17%, Altice USA Inc. Cl A shares tumbled 14%, and Array Technologies Inc. tumbled 9.0%.
Major stock indexes in the U.S. increased Friday as the Nasdaq Composite Index increased 0.5%. Meanwhile, the S&P 500 Index added 0.7%, and the Dow Jones Industrial Average gained 0.8%.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
May 16, 2025 16:20 ET (20:20 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.