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July 19, 2021, 1:42 p.m. EDT

22 stocks, including Carnival and Zoom, that are down 30% or more from 52-week highs

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By Philip van Doorn

( The initial version of this article featured an incorrect list. This has now been corrected. )

You would think that with the broad stock indexes doing so well in 2021, after what may have been surprising gains in 2020, that investors would be in a pretty good mood.

But check out this Twitter posting from July 19:

Tobias Carlisle was referring to CNN’s Fear & Greed Index which fell to 17 later in the morning on July 19. The index incorporates momentum, junk-bond demand, stock-market volatility, options trading patterns and other indicators.

The S&P 500 Index /zigman2/quotes/210599714/realtime SPX -1.70% was up 13% (excluding dividends) for 2021 through 12:45 p.m. ET on July 19, following a 16% gain in 2020. The benchmark index has pulled back only 3% from its all-time intraday high set on May 10, but there are many stocks that have had much more significant declines.

To screen for them, we began with the S&P 500 (tracked by the SPDR S&P 500 ETF Trust /zigman2/quotes/209901640/composite SPY -1.67% ) and the Nasdaq-100 Index /zigman2/quotes/210598364/realtime NDX -2.10% (tracked by the Invesco QQQ Trust /zigman2/quotes/208575548/composite QQQ -2.07% ) and identified stocks that were down at least 30% from their intraday 52-week highs.

Some investors looking for good entry points might make use of the list, but keep in mind that it only looks back for a year and says nothing about how much a stock may have risen or fallen before. For example, Tesla Inc. /zigman2/quotes/203558040/composite TSLA -3.86% didn’t make the list below because its stock has fallen “only” 29% from its high on Jan. 25. But its shares were up more than fivefold over the previous year through that high.

Here are the 22 stocks in the S&P 500 or the Nasdaq-100 that have fallen at least 30% from their 52-week intraday highs:

Company Price – 12:45 p.m. July 19 Decline from 52-week high 52-week high Date of 52-week high
Discovery Inc. Class A /zigman2/quotes/200511275/composite DISCA   $27.75 -64.5% $78.14 03/19/2021
ViacomCBS Inc. Class B /zigman2/quotes/200340870/composite VIAC   $39.46 -61.3% $101.97 03/15/2021
Penn National Gaming Inc. /zigman2/quotes/209264611/composite PENN   $65.78 -53.7% $142.00 03/15/2021
Pinduoduo Inc. ADR Class A /zigman2/quotes/208876581/composite PDD   $102.91 -51.6% $212.60 02/16/2021
Baidu Inc. ADR Class A /zigman2/quotes/209050136/composite BIDU   $175.80 -50.5% $354.82 02/22/2021
Zoom Video Communications Inc. Class A /zigman2/quotes/211319643/composite ZM   $345.49 -41.3% $588.84 10/19/2020
Splunk Inc. /zigman2/quotes/203060494/composite SPLK   $133.37 -41.0% $225.89 09/02/2020
Carnival Corp.  $19.78 -37.3% $31.52 06/08/2021
Norwegian Cruise Line Holdings Ltd. /zigman2/quotes/204183397/composite NCLH   $21.91 -36.5% $34.49 03/04/2021
Trip.com Group Ltd. ADR /zigman2/quotes/210510831/composite TCOM   $28.89 -36.1% $45.19 03/17/2021
Citrix Systems Inc. /zigman2/quotes/206700852/composite CTXS   $113.57 -34.6% $173.56 07/22/2020
Vertex Pharmaceuticals Inc. /zigman2/quotes/202259802/composite VRTX   $199.10 -34.5% $304.00 07/20/2020
JD.com Inc. ADR Class A  $73.53 -32.1% $108.29 02/17/2021
Peloton Interactive Inc. Class A /zigman2/quotes/208035743/composite PTON   $116.64 -31.8% $171.09 01/14/2021
United Airlines Holdings Inc. /zigman2/quotes/205037281/composite UAL   $43.45 -31.8% $63.70 03/18/2021
Seagen Inc. /zigman2/quotes/203326163/composite SGEN   $145.95 -31.8% $213.94 10/13/2020
Biogen Inc. /zigman2/quotes/201531540/composite BIIB   $322.58 -31.2% $468.55 06/07/2021
Freeport-McMoRan Inc. /zigman2/quotes/200215692/composite FCX   $31.96 -30.7% $46.10 05/10/2021
Diamondback Energy Inc. /zigman2/quotes/201200230/composite FANG   $71.69 -30.1% $102.53 07/01/2021
Royal Caribbean Group /zigman2/quotes/208854639/composite RCL   $69.42 -30.0% $99.24 02/25/2021
APA Corp. /zigman2/quotes/200648444/composite APA   $17.02 -30.0% $24.30 06/07/2021
Viatris Inc. /zigman2/quotes/209413137/composite VTRS   $13.26 -29.7% $18.86 12/31/2020
Source: FactSet

The 52-week highs are adjusted by FactSet for any splits or spin-offs.

You can click on the tickers for more about each company. Remember that a couple of data points aren’t enough to select a stock for investment. It is best to do your own research to form your own opinion about a company’s prospects with its industy.

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/zigman2/quotes/210599714/realtime
US : S&P US
4,357.73
-75.26 -1.70%
Volume: 2.60B
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/zigman2/quotes/209901640/composite
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$ 434.04
-7.36 -1.67%
Volume: 166.45M
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/zigman2/quotes/210598364/realtime
US : U.S.: Nasdaq
15,012.19
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/zigman2/quotes/208575548/composite
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-7.72 -2.07%
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/zigman2/quotes/203558040/composite
US : U.S.: Nasdaq
$ 730.17
-29.32 -3.86%
Volume: 24.76M
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P/E Ratio
380.48
Dividend Yield
N/A
Market Cap
$751.91 billion
Rev. per Employee
$445,694
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/zigman2/quotes/200511275/composite
US : U.S.: Nasdaq
$ 26.01
-0.87 -3.24%
Volume: 8.63M
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P/E Ratio
12.59
Dividend Yield
N/A
Market Cap
$13.42 billion
Rev. per Employee
$1.09M
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US : U.S.: Nasdaq
$ 38.86
-1.13 -2.83%
Volume: 13.97M
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P/E Ratio
7.32
Dividend Yield
2.47%
Market Cap
$26.03 billion
Rev. per Employee
$1.14M
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/zigman2/quotes/209264611/composite
US : U.S.: Nasdaq
$ 73.37
-1.22 -1.64%
Volume: 4.46M
Sept. 20, 2021 4:00p
P/E Ratio
27.68
Dividend Yield
N/A
Market Cap
$11.69 billion
Rev. per Employee
$195,333
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US : U.S.: Nasdaq
$ 94.18
-6.55 -6.50%
Volume: 9.01M
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P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$126.24 billion
Rev. per Employee
$1.08M
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US : U.S.: Nasdaq
$ 154.50
-7.71 -4.75%
Volume: 7.94M
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P/E Ratio
8.05
Dividend Yield
N/A
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$58.09 billion
Rev. per Employee
$378,365
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US : U.S.: Nasdaq
$ 280.67
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Volume: 3.91M
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P/E Ratio
84.79
Dividend Yield
N/A
Market Cap
$85.48 billion
Rev. per Employee
$599,586
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US : U.S.: Nasdaq
$ 146.76
-5.02 -3.31%
Volume: 1.60M
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P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$24.52 billion
Rev. per Employee
$342,982
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/zigman2/quotes/204183397/composite
US : U.S.: NYSE
$ 25.11
-0.48 -1.88%
Volume: 14.60M
Sept. 20, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$9.47 billion
Rev. per Employee
$37,315
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/zigman2/quotes/210510831/composite
US : U.S.: Nasdaq
$ 27.96
-0.86 -2.98%
Volume: 6.37M
Sept. 20, 2021 4:00p
P/E Ratio
6.15
Dividend Yield
N/A
Market Cap
$18.37 billion
Rev. per Employee
$79,450
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/zigman2/quotes/206700852/composite
US : U.S.: Nasdaq
$ 110.30
-1.27 -1.14%
Volume: 1.45M
Sept. 20, 2021 4:00p
P/E Ratio
38.20
Dividend Yield
1.34%
Market Cap
$13.86 billion
Rev. per Employee
$359,633
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/zigman2/quotes/202259802/composite
US : U.S.: Nasdaq
$ 185.67
-2.63 -1.40%
Volume: 1.87M
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P/E Ratio
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Dividend Yield
N/A
Market Cap
$48.85 billion
Rev. per Employee
$1.83M
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/zigman2/quotes/208035743/composite
US : U.S.: Nasdaq
$ 100.73
-2.69 -2.60%
Volume: 5.28M
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P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$31.08 billion
Rev. per Employee
$463,555
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/zigman2/quotes/205037281/composite
US : U.S.: Nasdaq
$ 45.27
+0.73 +1.64%
Volume: 14.70M
Sept. 20, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$14.41 billion
Rev. per Employee
$206,384
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/zigman2/quotes/203326163/composite
US : U.S.: Nasdaq
$ 159.06
+2.85 +1.82%
Volume: 1.21M
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P/E Ratio
48.79
Dividend Yield
N/A
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Rev. per Employee
$1.04M
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/zigman2/quotes/201531540/composite
US : U.S.: Nasdaq
$ 298.49
-1.70 -0.57%
Volume: 931,996
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P/E Ratio
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Dividend Yield
N/A
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$44.74 billion
Rev. per Employee
$1.36M
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US : U.S.: NYSE
$ 31.17
-1.88 -5.69%
Volume: 38.46M
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P/E Ratio
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Dividend Yield
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$48.52 billion
Rev. per Employee
$566,204
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$ 79.11
-3.51 -4.25%
Volume: 3.21M
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P/E Ratio
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Dividend Yield
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Rev. per Employee
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-0.83 -0.99%
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Dividend Yield
0.00%
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$21.33 billion
Rev. per Employee
$25,986
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/zigman2/quotes/200648444/composite
US : U.S.: Nasdaq
$ 18.91
-1.23 -6.11%
Volume: 6.85M
Sept. 20, 2021 4:00p
P/E Ratio
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Dividend Yield
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$7.61 billion
Rev. per Employee
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/zigman2/quotes/209413137/composite
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$ 13.33
-0.24 -1.77%
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P/E Ratio
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Dividend Yield
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$16.41 billion
Rev. per Employee
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