The small-cap Russell 2000 Index dropped over 23% in the first half of 2022, the worst first-half performance in its more than 40-year history. In the second quarter, the small-cap Russell 2000 Index dropped over 17%, slightly more than the large-cap Russell 1000 Index, which dropped over 16% in the same period. Let’s take a look at the five best and worst performing small-cap stocks in Q2 2022.
Five Best Performing Small-Cap Stocks In Q2 2022
Q2 2022 hedge fund letters, conferences and more
Founded in 2018 and headquartered in South San Francisco, Calif., this company develops targeted therapies for patients with genetically defined cancers. Day One Biopharmaceuticals Inc (NASDAQ:DAWN) shares are up by over 7% year to date but are down by over 21% in the last year. As of writing, Day One Biopharmaceuticals shares were trading at over $18 (52-week range of $5.44 to $28.70), giving it a market capitalization of more than $1.20 billion.
Founded in 1997 and headquartered in Gaithersburg, Md., it is a clinical-stage biopharmaceutical company that develops peptide-based therapeutics for obesity and liver diseases. Altimmune Inc (NASDAQ:ALT) shares are up by almost 43% year to date and up over 44% in the last year. As of this writing, Altimmune shares were trading at $13.49 (52-week range of $3.83 to $17.26), giving it a market capitalization of more than $560 million.
Founded in 1996 and headquartered in Miami, it is a biopharmaceutical company that develops novel medicines for managing prostate cancer and breast cancer. Veru Inc (NASDAQ:VERU) shares are up by over 139% year to date and up over 103% in the last year. As of this writing, Veru shares were trading at $14.91 (52-week range of $4.34 to $18.40), giving it a market capitalization of more than $1.10 billion.
Founded in 2017 and headquartered in Redwood City, Calif., it is a biopharmaceutical company that develops irreversible small molecules to treat patients with genetically defined cancers. Biomea Fusion Inc (NASDAQ:BMEA) shares are up by almost 49% year to date but are down by over 12% in the last year. As of writing, Biomea Fusion shares were trading at $11.07 (52-week range of $2.84 to $14.95), giving it a market capitalization of more than $320 million.
Founded in 2002 and headquartered in Oakbrook Terrace, Ill., this company produces, acquires, and distributes movies through its Redbox Entertainment label. Redbox Entertainment Inc (NASDAQ:RDBX) shares are down by almost 59% year to date and down over 69% in the last year. As of this writing, Redbox Entertainment shares were trading at $3.20 (52-week range of $1.6101 to $27.2200), giving it a market capitalization of more than $140 million.
Five Worst Performing Small-Cap Stocks In Q2 2022
Founded in 2008 and headquartered in Medford, Mass., it is a biotechnology company that makes ribonucleic acid (RNA) products for human therapies and agriculture. Greenlight Biosciences Holdings PBC (NASDAQ:GRNA) shares are down by over 79% year to date and down over 78% in the last year. As of this writing, GreenLight Biosciences shares were trading at $2.19 (52-week range of $1.91 to $15.80), giving it a market capitalization of more than $250 million.
Founded in 1971 and headquartered in Union, N.J., this company retails domestic merchandise and home furnishings products. Bed Bath & Beyond Inc (NASDAQ:BBBY) shares are down by almost 65% year to date and down almost 83% in the last year. As of this writing, Bed Bath & Beyond shares were trading at $5.12 (52-week range of $4.38 to $30.14), giving it a market capitalization of more than $400 million.
Founded in 2000 and headquartered in Castle Rock, Colo., it is a bitcoin mining company that offers special cryptocurrency mining computers. Riot Blockchain Inc (NASDAQ:RIOT) shares are down by over 68% year to date and down over 70% in the last year. As of this writing, Riot Blockchain shares were trading at $6.85 (52-week range of $4.02 to $46.28), giving it a market capitalization of more than $960 million.
Founded in 2010 and headquartered in Las Vegas, Nev., it is a digital asset technology company that mines cryptocurrencies. Marathon Digital Holdings Inc (NASDAQ:MARA) shares are down by over 62% year to date and down over 58% in the last year. As of this writing, Marathon Digital Holdings shares were trading at $11.70 (52-week range of $5.20 to $83.45), giving it a market capitalization of more than $1.30 billion.
Founded in 2017 and headquartered in Austin, Texas, this company offers carbon neutral blockchain infrastructure, as well as software solutions. Core Scientific Inc (NASDAQ:CORZ) shares are down by over 83% year to date and down almost 82% in the last year. As of this writing, Core Scientific shares were trading at $1.78 (52-week range of $1.40 to $14.98), giving it a market capitalization of more than $590 million.
Updated on
