Taysha Gene Therapies (TSHA) had the highest return in August 2023 by a small-cap US stock or small-cap US stock, returning 368.5%.

ASSET	MONTH	% RETURN
Taysha Gene Therapies (TSHA)	August 2023	368.52%
Akso Health Group ADR (AHG)	August 2023	259.66%
Sezzle Inc Common Stock (SEZL)	August 2023	257.97%
Neuropace (NPCE)	August 2023	126.27%
Telesat (TSAT)	August 2023	112.7%
Applied Opt (AAOI)	August 2023	103.7%
Waldencast Acquisition (WALDW)	August 2023	73.47%
Lifeway Foods (LWAY)	August 2023	66.93%
Groupon (GRPN)	August 2023	56.58%
MoneyLion (ML)	August 2023	56.18%
Eos Energy Enterprises (EOSEW)	August 2023	54.41%
Praxis Precision Medicines (PRAX)	August 2023	53.13%
Eton Pharmaceuticals (ETON)	August 2023	53.06%
Belite Bio Inc ADR (BLTE)	August 2023	51.32%
Gyre Therapeutics (GYRE)	August 2023	47.37%
Capricor Therapeutics (CAPR)	August 2023	45.95%
Upwork (UPWK)	August 2023	44.21%
GigaCloud Technology Inc Class A Ordinary Shares (GCT)	August 2023	43.79%
Capri (CPRI)	August 2023	43.1%
American Coastal Insurance (ACIC)	August 2023	43.04%
Abacus Life (ABL)	August 2023	40.15%
Waldencast Acquisition (WALD)	August 2023	38.31%
National CineMedia (NCMI)	August 2023	37.27%
Consolidated Water (CWCO)	August 2023	36.61%
Limbach (LMB)	August 2023	36.08%

Small-cap stocks are treated as having a market cap between $300M and $2B.