Down the Stretch They Come 2 comments
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In the race to see which Dow stock will be down the most this year, AIG (AIG) has taken a clear lead this week. While General Motors (GM), Merck (MRK) and Citi (C) have held the coveted honor at one point or another this year, American International Group is really distancing itself heading into the final stretch of 2008.
As shown below, AIG is now down 77.7% on the year. GM ranks second with a decline of 46.6%, followed by MRK (-41.7%), C (-38%), and then General Electric (GE) in fifth (-27.7%). It will take a doozy for another Dow stock to beat AIG at this point, but if we've learned anything this year, it's that anything can happen in this market.
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