The Biggest Pandemic Losers

Sep. 19, 2022 11:50 PM ETBA, DAL, UBER, LVS, NFLX, META, SPOT, ZM, INTC, BIIB, C, GE, VZ, MMM, SQ, DIS, ADBE, CRM, VFC, FIS, T, BAX, GPN, LUV, FLT, ILMN, WBA, CHTR, VMW, ZBH, SPG, ROST, BALL, ECL, CMCSA, PCG, PYPL, IFF, WDAY, MDT6 Comments
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Summary

  • After entering bear market territory in 2022, the S&P is currently only 14% above its pre-COVID high.
  • In the Russell 1,000, 41% of stocks are now trading below their closing price on February 19th, 2020. 20% of stocks in the index are down more than 20%!
  • Given that two and a half years have passed, we think it’s safe to say that any stock down 20% from pre-COVID levels has been a “pandemic loser.”.

Crises Due To Coronavirus

onurdongel/iStock via Getty Images

With President Biden declaring that “the pandemic is over” on 60 Minutes last night, we thought we’d take a look at stock market performance since the pandemic began. At its peak on January 3rd, 2022, the S&P

Large-cap stocks down since the pandemic began

Author

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46.22K Followers
Bespoke Investment Group provides some of the most original content and intuitive thinking on the Street. Founded by Paul Hickey and Justin Walters, formerly of Birinyi Associates and creators of the acclaimed TickerSense blog, Bespoke offers multiple products that allow anyone, from institutions to the most modest investor, to gain the data and knowledge necessary to make intelligent and profitable investment decisions. Along with running their Think B.I.G. finance blog, Bespoke provides timely investment ideas through its Bespoke Premium (http://bespokepremium.com/) subscription service and also manages money (http://bespokepremium.com/mm) for high net worth individuals. Visit: Bespoke Investment Group (http://bespokeinvest.com/)

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