Stocks And Sectors With The Biggest Declines

Sep. 28, 2022 11:56 PM ETMSFT, GOOG, GOOGL, META, AMZN, AAPL, NVDA, TSLA, NFLX, JPM, HD, ADBE, PYPL, BAC, NKE, CRM, ACN, CSCO, INTC, DIS, CMCSA, AVGO, V, PFE, BRK.A, BRK.B, AMD, CVNA, PTON, AFRM, W, RNG, ASAN, TXG, U, ROKU, TDOC, COIN, KD, APP, MQ, DNA, DOCU, TWLO, RIVN, OKTA, DASH, SQ, HOOD, SOFI, WE, QS, PATH, STNE, MSTR, CFLT, COUP, LYFT, AMC, PEGA, NET, LCID, TOST7 Comments

Summary

  • The average stock in the Russell 3,000 was down 41.7% from its 52-week high as of the close on Monday.
  • Four sectors have average prices roughly 50% below their 52-week highs - Communication Services at -51.8%, Consumer Discretionary at -49.8%, Tech at -49.4%, and Health Care at -48.4%.
  • Across the entire Russell 3,000, we’ve seen more than $13 trillion in market cap erased, and there have been five individual stocks that have seen their market caps fall by more than $500 billion - Microsoft, Alphabet, Meta, Amazon, and Apple.

Financial crisis chart. 3D abstract diagram with arrow

Olena_T

The average stock in the Russell 3,000 was down 41.7% from its 52-week high as of the close on Monday. That means the average stock would need to rally 71.5% from here to get back to its high. It’s much worse in

Average distance from 52-week high by sector, in percentage

Average Distance From 52-Week High (%) By Sector: Russell 3000 (Author)

Biggest market cap losers in Russell 3000 since December 12, 2021

Biggest Market Cap Losers In Russell 3000 Since December 12, 2021 (Author)

$2 billion market cap stocks down 75 percent from highs

$2 Billion Market Cap Stocks Down 75% From Highs (Author)

This article was written by

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/)

Recommended For You

Comments (7)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.