Bulletin
Investor Alert

London Markets Open in:

Corrections Archives | Email alerts

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

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

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    S&P 500 Index (SPX)
  • X
    SPDR S&P 500 ETF Trust (SPY)
  • X
    NASDAQ 100 Index (NASDAQ Calculation) (NDX)

or Cancel Already have a watchlist? Log In

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 +2.59% 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 +2.64% ) and the Nasdaq-100 Index /zigman2/quotes/210598364/realtime NDX +2.36% (tracked by the Invesco QQQ Trust /zigman2/quotes/208575548/composite QQQ +2.35% ) 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/lastsale TSLA -8.61% 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   $27.75 -64.5% $78.14 03/19/2021
ViacomCBS Inc. Class B   $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.   $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.

Don’t miss: 19 dividend stocks to help you combat inflation

/zigman2/quotes/210599714/realtime
US : S&P US
3,678.43
+92.81 +2.59%
Volume: 2.22B
Oct. 3, 2022 7:15p
loading...
/zigman2/quotes/209901640/composite
US : U.S.: NYSE Arca
$ 366.61
+9.43 +2.64%
Volume: 89.76M
Oct. 3, 2022 4:00p
loading...
/zigman2/quotes/210598364/realtime
US : Nasdaq
11,229.73
+258.51 +2.36%
Volume: 999,843
Oct. 3, 2022 5:16p
loading...
/zigman2/quotes/208575548/composite
US : U.S.: Nasdaq
$ 273.53
+6.27 +2.35%
Volume: 61.27M
Oct. 3, 2022 4:15p
loading...
/zigman2/quotes/203558040/lastsale
US : U.S.: Nasdaq
$ 242.40
-22.85 -8.61%
Volume: 98.36M
Oct. 3, 2022 4:00p
P/E Ratio
87.59
Dividend Yield
N/A
Market Cap
$831.15 billion
Rev. per Employee
$676,463
loading...
/zigman2/quotes/209264611/composite
US : U.S.: Nasdaq
$ 28.10
+0.59 +2.14%
Volume: 3.20M
Oct. 3, 2022 4:00p
P/E Ratio
23.69
Dividend Yield
N/A
Market Cap
$4.36 billion
Rev. per Employee
$285,596
loading...
/zigman2/quotes/208876581/composite
US : U.S.: Nasdaq
$ 62.65
+0.07 +0.11%
Volume: 5.38M
Oct. 3, 2022 4:00p
P/E Ratio
29.34
Dividend Yield
N/A
Market Cap
$78.43 billion
Rev. per Employee
$1.65M
loading...
/zigman2/quotes/209050136/composite
US : U.S.: Nasdaq
$ 119.48
+1.99 +1.69%
Volume: 2.09M
Oct. 3, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$41.11 billion
Rev. per Employee
$419,080
loading...
/zigman2/quotes/211319643/composite
US : U.S.: Nasdaq
$ 73.94
+0.35 +0.48%
Volume: 4.18M
Oct. 3, 2022 4:00p
P/E Ratio
22.86
Dividend Yield
N/A
Market Cap
$21.90 billion
Rev. per Employee
$632,885
loading...
/zigman2/quotes/203060494/composite
US : U.S.: Nasdaq
$ 78.03
+2.83 +3.76%
Volume: 2.23M
Oct. 3, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$12.24 billion
Rev. per Employee
$434,101
loading...
/zigman2/quotes/204183397/composite
US : U.S.: NYSE
$ 11.40
+0.04 +0.35%
Volume: 33.70M
Oct. 3, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$4.79 billion
Rev. per Employee
$67,713
loading...
/zigman2/quotes/210510831/composite
US : U.S.: Nasdaq
$ 27.68
+0.37 +1.35%
Volume: 4.13M
Oct. 3, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$16.60 billion
Rev. per Employee
$83,364
loading...
/zigman2/quotes/202259802/composite
US : U.S.: Nasdaq
$ 297.43
+7.89 +2.73%
Volume: 1.80M
Oct. 3, 2022 4:00p
P/E Ratio
24.05
Dividend Yield
N/A
Market Cap
$74.26 billion
Rev. per Employee
$2.12M
loading...
/zigman2/quotes/208035743/composite
US : U.S.: Nasdaq
$ 7.47
+0.54 +7.79%
Volume: 18.29M
Oct. 3, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$2.35 billion
Rev. per Employee
$366,605
loading...
/zigman2/quotes/205037281/composite
US : U.S.: Nasdaq
$ 32.81
+0.28 +0.86%
Volume: 8.91M
Oct. 3, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$10.63 billion
Rev. per Employee
$423,543
loading...
/zigman2/quotes/203326163/composite
US : U.S.: Nasdaq
$ 137.70
+0.87 +0.64%
Volume: 1.07M
Oct. 3, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$25.24 billion
Rev. per Employee
$664,625
loading...
/zigman2/quotes/201531540/composite
US : U.S.: Nasdaq
$ 264.30
-2.70 -1.01%
Volume: 2.50M
Oct. 3, 2022 4:00p
P/E Ratio
18.87
Dividend Yield
N/A
Market Cap
$38.75 billion
Rev. per Employee
$1.04M
loading...
/zigman2/quotes/200215692/composite
US : U.S.: NYSE
$ 29.34
+2.01 +7.35%
Volume: 16.52M
Oct. 3, 2022 4:03p
P/E Ratio
8.89
Dividend Yield
2.04%
Market Cap
$39.06 billion
Rev. per Employee
$998,826
loading...
/zigman2/quotes/201200230/composite
US : U.S.: Nasdaq
$ 129.52
+9.06 +7.52%
Volume: 2.52M
Oct. 3, 2022 4:00p
P/E Ratio
6.05
Dividend Yield
5.56%
Market Cap
$21.42 billion
Rev. per Employee
$10.47M
loading...
/zigman2/quotes/208854639/composite
US : U.S.: NYSE
$ 37.59
-0.31 -0.82%
Volume: 10.58M
Oct. 3, 2022 4:04p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$9.67 billion
Rev. per Employee
$55,090
loading...
/zigman2/quotes/200648444/composite
US : U.S.: Nasdaq
$ 37.30
+3.11 +9.10%
Volume: 12.90M
Oct. 3, 2022 4:00p
P/E Ratio
4.20
Dividend Yield
2.68%
Market Cap
$11.16 billion
Rev. per Employee
$4.47M
loading...
/zigman2/quotes/209413137/composite
US : U.S.: Nasdaq
$ 8.72
+0.20 +2.35%
Volume: 12.86M
Oct. 3, 2022 4:00p
P/E Ratio
13.93
Dividend Yield
5.50%
Market Cap
$10.33 billion
Rev. per Employee
$462,789
loading...

This Story has 0 Comments
Be the first to comment
More News In
Investing

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.