These Mass. Companies Have Lost the Most Value This Year

  • 📰 NECN
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 71%

United States News News

United States United States Latest News,United States United States Headlines

The plunging stock market has wiped out billions of dollars in market capitalization for major public companies across Massachusetts, according to a Business Journal review. That includes $266 billion in value among the top 10 biggest losers combined.

It’s been a brutal first half of the year for some of the biggest public companies in Massachusetts.

Even after a slight rebound in the second half of June, the Dow Jones Industrial Average is down about 16% for the year. The S&P 500 has performed even worse, down 21% as the year reaches its halfway mark.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in US

United States United States Latest News, United States United States Headlines