Monday’s stock-market decline accelerated, and a closer look at the day’s worst performers highlighted painful double-digit year-to-date drops.
The Dow Jones Industrial Average
DJIA,
-2.92%
was down as much as 820 points (or 2.4%) late Monday morning, while the benchmark S&P 500 Index
SPX,
-3.64%
dipped as much as 2.9%, the Nasdaq Composite Index
COMP,
-4.43%
fell as much as 3.1% and the Nasdaq-100 Index
NDX,
-4.44%
pulled back as much as 3.1%.
Analysts were saying investors weren’t experiencing a market crash, but rather a pullback related to an expected period of rising interest rates as the Federal Reserve undergoes a policy pivot to fight high inflation.
Analysts at Jefferies had written over the weekend that there were signs the U.S. stock market was nearing a bottom, although they also said it might be a bit early to make that call.
Worst-performing S&P 500 stocks
Among the S&P 500, 91% of stocks were down for the trading session as of 11 a.m. ET on Jan. 24. Here are the 20 worst performers for the day, as of that time:
Company | Ticker | Price change – Jan. 24 | Price change – 2022 | Decline from 52-week high | Date of 52-week high |
Moderna Inc. | MRNA, -13.08% | -8.7% | -42.4% | -70.6% | 08/10/2021 |
Netflix Inc. | NFLX, -10.51% | -8.3% | -39.5% | -48.0% | 11/17/2021 |
Signature Bank | SBNY, -9.27% | -7.8% | -7.0% | -19.8% | 01/18/2022 |
Xilinx Inc. | XLNX, -10.32% | -7.2% | -17.8% | -27.4% | 11/30/2021 |
Enphase Energy Inc. | ENPH, -9.43% | -6.8% | -35.8% | -58.4% | 11/22/2021 |
Etsy Inc. | ETSY, -6.47% | -6.5% | -36.4% | -54.8% | 11/26/2021 |
Nvidia Corp. | NVDA, -9.68% | -6.2% | -25.5% | -36.7% | 11/22/2021 |
SVB Financial Group | SIVB, -8.05% | -6.0% | -19.4% | -28.4% | 11/16/2021 |
Freeport-McMoRan Inc. | FCX, -8.05% | -6.0% | -7.6% | -16.6% | 01/18/2022 |
Aptiv PLC | APTV, -8.01% | -5.8% | -20.0% | -27.0% | 11/04/2021 |
Lincoln National Corp. | LNC, -7.02% | -5.6% | -6.2% | -17.5% | 11/03/2021 |
Tesla Inc. | TSLA, -8.85% | -5.6% | -15.7% | -28.3% | 11/04/2021 |
SolarEdge Technologies Inc. | SEDG, -6.20% | -5.5% | -25.8% | -46.6% | 11/22/2021 |
Advanced Micro Devices Inc. | AMD, -8.51% | -5.4% | -21.9% | -31.7% | 11/30/2021 |
Wynn Resorts Ltd. | WYNN, -7.29% | -5.3% | -4.6% | -43.6% | 03/15/2021 |
Twitter Inc. | TWTR, -7.09% | -5.3% | -23.7% | -59.2% | 02/25/2021 |
Albemarle Corp. | ALB, -6.68% | -5.2% | -13.7% | -30.8% | 11/22/2021 |
Diamondback Energy Inc. | FANG, -5.39% | -5.2% | 3.8% | -15.1% | 01/18/2022 |
Ford Motor Co. | F, -8.14% | -5.0% | -5.5% | -24.1% | 01/13/2022 |
AES Corp. | AES, -5.76% | -4.9% | -10.2% | -24.9% | 02/16/2021 |
Source: FactSet |
You can click on the tickers for more about each company. Click here to read Tomi Kilgore’s detailed guide to the wealth of information available for free on the MarketWatch quote page.
There are some dramatic year-to-date declines on the table, including 42% for Moderna Inc.
MRNA,
-13.08%,
which was down nearly 9% during late morning trading on Jan. 24. But to the right you can see declines from 52-week intraday highs, and the dates those highs were hit. Once again Moderna tops the group, down nearly 71% from its high on Aug. 10.
Don’t miss: This sector of the S&P 500 is expected to show the fastest sales and dividend growth in 2022 and 2023
Source: https://www.marketwatch.com/story/mondays-worst-performing-stocks-in-the-s-p-500-are-down-as-much-as-42-for-2022-11643043164?siteid=yhoof2&yptr=yahoo
Monday’s worst-performing stocks in the S&P 500 are down as much as 42% for 2022
Monday’s stock-market decline accelerated, and a closer look at the day’s worst performers highlighted painful double-digit year-to-date drops.
The Dow Jones Industrial Average
-2.92%
-3.64%
-4.43%
-4.44%
DJIA,
was down as much as 820 points (or 2.4%) late Monday morning, while the benchmark S&P 500 Index
SPX,
dipped as much as 2.9%, the Nasdaq Composite Index
COMP,
fell as much as 3.1% and the Nasdaq-100 Index
NDX,
pulled back as much as 3.1%.
Analysts were saying investors weren’t experiencing a market crash, but rather a pullback related to an expected period of rising interest rates as the Federal Reserve undergoes a policy pivot to fight high inflation.
Analysts at Jefferies had written over the weekend that there were signs the U.S. stock market was nearing a bottom, although they also said it might be a bit early to make that call.
Worst-performing S&P 500 stocks
Among the S&P 500, 91% of stocks were down for the trading session as of 11 a.m. ET on Jan. 24. Here are the 20 worst performers for the day, as of that time:
You can click on the tickers for more about each company. Click here to read Tomi Kilgore’s detailed guide to the wealth of information available for free on the MarketWatch quote page.
There are some dramatic year-to-date declines on the table, including 42% for Moderna Inc.
-13.08% ,
MRNA,
which was down nearly 9% during late morning trading on Jan. 24. But to the right you can see declines from 52-week intraday highs, and the dates those highs were hit. Once again Moderna tops the group, down nearly 71% from its high on Aug. 10.
Don’t miss: This sector of the S&P 500 is expected to show the fastest sales and dividend growth in 2022 and 2023
Source: https://www.marketwatch.com/story/mondays-worst-performing-stocks-in-the-s-p-500-are-down-as-much-as-42-for-2022-11643043164?siteid=yhoof2&yptr=yahoo