These 19 large-cap stocks have now dropped at least 60% from their 52-week highs

The latest inflation figures on June 10 were worse than expected and the effect on stock prices was brutal. A list of stocks in the S&P 500 and the Nasdaq-100 Index that have fallen at least 60% from 52-week highs is below.

Hand-in-hand with the inflation report was a record-low figure for the University of Michigan’s Consumer Sentiment Index. Stocks down at least 60% from their 52-week highs To take a broader look at large companies suffering the biggest share price declines, we added the components of the Nasdaq-100 Index NDX, -3.56% to the S&P 500 for a list of 519 companies after removing duplicates. Click on the tickers for more about each company.

Yes and JimC is bearish on those for now...especially PayPal. Debt is not being paid back so yeah pay later kinda not working.

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These 19 big tech stocks have now dropped at least 60% from their 52-week highsThe biggest losers in the stock market include DocuSign, PayPal, Netflix and Zoom Video Communications. please tell me something I dont know... The PayPal one was obviously going to happen. The avg stock before the pandemic was in the mid 80s. By 2021 it was at 250. Just think - some of the market darlings have to go down 90% from ATH to get to Sun Microsytems peak valuation back in the bubble before it went down 90%. 'Sun Microsystems, The Greatest Quote & The Rise of the Reckless'
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »