Puma Biotechnology Inc (PBYI) was one of the Russell 2000's biggest losers for August 21 as the stock slid 5% to $237.41, a loss of $12.5 per share. Starting at an opening price of $250.12 a share, the stock traded between $234.62 and $251.88 over the course of the trading day. Volume was 417,667 shares over 4,418 trades. The company has a total float of 30,117,819.
The losses send Puma Biotechnology Inc down to a market cap of $7,150,271,409.
For a full analysis of Puma Biotechnology Inc, check out Equities.com's E.V.A. report.
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The broad-based Russell 3000, which is meant to cover the stock market as a whole, is simply the 3,000 companies with the largest market cap in the United States. The Russell 2000 is then just the bottom 2,000 companies of that index, offering a look at those small-cap companies with smaller market caps. It makes for an unbiased overview of the small-cap stocks that can help any investor get a better sense of what the market is doing and where it might be headed.
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