In the worst yr for shares because the Great Recession, a number of massive names suffered their worst yr on document in 2022.
The S&P 500 index
SPX,
-0.25%
and Dow Jones Industrial Average
DJIA,
-0.22%
each had their worst yr since 2008, with declines of 19.4% and eight.8% respectively. But at the least 19 big-name shares — and half of one other — tallied a extra ignominious title for 2022, in keeping with Dow Jones Market Data: Worst yr ever.
Tesla Inc.
TSLA,
+1.12%
had the worst yr among the many group of S&P 1500 constituents with a market capitalization of $30 billion or greater headed for document annual share declines. Tesla shares declined 65% thus far this yr, simply the worst yr on document for the favored inventory, which has solely had one earlier destructive yr since going public in 2010, an 11% decline in 2016.
Tesla barely outpaced one other Silicon Valley firm. Meta Platforms…
2022-12-30 17:28:00 Tesla isn’t alone: 20 (and a half) different massive shares had their worst yr on document
Link from www.marketwatch.com
