Here Are The Biggest Losing Stocks In The Market’s Worst Month Since March 2020

Here Are The Biggest Losing Stocks In The Market’s Worst Month Since March 2020

Share to Linkedin The stock market is having one of the worst starts to a year ever—with big names like Moderna and Netflix leading declines—as many of the pandemic-era's top stocks continue to fall out of favor with investors. More good news? Some of the pandemic's hottest stocks are among the worst performers so far in 2022. Vaccine maker Moderna—one of last year's top-performing stocks—is down nearly 40% amid growing research suggesting the firm's booster shot is less effective against the rapidly spreading omicron variant. Online retailer Etsy—another pandemic-era favorite stock, which rose 324% in 2020—is down 35% this month as investors continue to rotate out of risky growth stocks and into safer value bets. Other notable losers this month include semiconductor company Advanced Micro Devices (down 28%), chipmaker Nvidia (24%), Caesars Entertainment (23%) and Domino's Pizza (22%). The market selloff has been widespread, with everything from tech to energy stocks under pressure; Almost half of the stocks in the S&P 500 are now down more than 10% so far in 2022. A majority of the S&P 500's top-performing stocks so far this year are oil and gas companies. Gains are led by the likes of Halliburton (up 37%), Occidental