The first half of 2022 is over today, and good riddance for investors: The S&P 500 Index has declined 21.4%.First, here are the 10 companies whose market capitalizations have dropped the most during 2022, based on early trading on June 30.
They aren’t necessarily the worst performers in the benchmark index on a percentage basis, but the companies are so large that their market values have plunged the most — hopefully only paper losses for investors who were patient enough to hold on in a plunging market:Click here for Tomi Kilgore’s detailed guide to the wealth of information for free on the MarketWatch quote page.
The market cap decline for Alphabet Inc. is for the company’s combined Class A GOOGL, -2.96% and Class C GOOG, -3.06% shares.Netflix Inc. NFLX, -2.28% and PayPal Holdings Inc. PYPL, -3.15% made both lists.
Sell sell sell!!!!
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