Sept. 30, 2022, 8:05 a.m. EDT

Microsoft, Google parent Alphabet, and nearly a fifth of S&P 500 hits 52-week lows

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By Wallace Witkowski

Nearly a fifth of the S&P 500 index sank to new 52-week lows Thursday led by some of the biggest names in the tech sector.

By early afternoon trading Thursday, at last check, the stock prices of 96 companies on the S&P 500 /zigman2/quotes/210599714/realtime SPX +0.75% touched fresh 52-week lows, according to FactSet data, with $1.755 trillion market cap Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +1.24% and $1.26 trillion Google parent Alphabet Inc. /zigman2/quotes/205453964/composite GOOG -1.26% /zigman2/quotes/202490156/composite GOOGL -1.30% the largest on that list.

At $2.275 trillion, the S&P 500’s largest company by market cap, Apple Inc. /zigman2/quotes/202934861/composite AAPL +1.21% , last had its shares at a 52-week low back in June. Rounding out the S&P 500’s largest five companies, both $1.158 Amazon.com Inc. /zigman2/quotes/210331248/composite AMZN +2.14% and $836.42 billion Tesla Inc. /zigman2/quotes/203558040/composite TSLA -0.34% , last hit their 52-weeks lows on May 24.

Of the 96 companies hitting 52-week lows on Tuesday, 21 either belong to the S&P 500’s tech sector or belong to its communications services sector which has a large tech presence like Amazon or AT&T Inc. /zigman2/quotes/203165245/composite T -0.93%

Other tech companies with a market cap of $50 billion or more hitting 52-week lows Thursday include Nvidia Corp. /zigman2/quotes/200467500/composite NVDA +6.51% , Broadcom Inc. /zigman2/quotes/200646538/composite AVGO +2.43% , Oracle Corp. /zigman2/quotes/202180826/composite ORCL +1.64% , Qualcomm Inc. /zigman2/quotes/206679220/composite QCOM +2.99% , Intel Corp. /zigman2/quotes/203649727/composite INTC +0.39% , Advanced Micro Devices Inc. /zigman2/quotes/208144392/composite AMD +0.47% , and Lam Research Corp. /zigman2/quotes/208077897/composite LRCX +2.41%

/zigman2/quotes/210599714/realtime
US : S&P US
3,963.51
+29.59 +0.75%
Volume: 0.00
Dec. 8, 2022 5:07p
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/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 247.40
+3.03 +1.24%
Volume: 22.61M
Dec. 8, 2022 4:00p
P/E Ratio
26.66
Dividend Yield
1.10%
Market Cap
$1821.65 billion
Rev. per Employee
$918,891
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/zigman2/quotes/205453964/composite
US : U.S.: Nasdaq
$ 93.95
-1.20 -1.26%
Volume: 25.59M
Dec. 8, 2022 4:00p
P/E Ratio
18.91
Dividend Yield
N/A
Market Cap
$1230.09 billion
Rev. per Employee
$1.79M
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/zigman2/quotes/202490156/composite
US : U.S.: Nasdaq
$ 93.71
-1.23 -1.30%
Volume: 32.21M
Dec. 8, 2022 4:00p
P/E Ratio
18.86
Dividend Yield
N/A
Market Cap
$1230.09 billion
Rev. per Employee
$1.79M
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/zigman2/quotes/202934861/composite
US : U.S.: Nasdaq
$ 142.65
+1.71 +1.21%
Volume: 62.13M
Dec. 8, 2022 4:00p
P/E Ratio
23.38
Dividend Yield
0.64%
Market Cap
$2242.09 billion
Rev. per Employee
$2.40M
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/zigman2/quotes/210331248/composite
US : U.S.: Nasdaq
$ 90.35
+1.89 +2.14%
Volume: 73.31M
Dec. 8, 2022 4:00p
P/E Ratio
82.97
Dividend Yield
N/A
Market Cap
$902.44 billion
Rev. per Employee
$312,308
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/zigman2/quotes/203558040/composite
US : U.S.: Nasdaq
$ 173.44
-0.60 -0.34%
Volume: 97.62M
Dec. 8, 2022 4:00p
P/E Ratio
53.59
Dividend Yield
N/A
Market Cap
$549.58 billion
Rev. per Employee
$753,983
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/zigman2/quotes/203165245/composite
US : U.S.: NYSE
$ 19.12
-0.18 -0.93%
Volume: 45.76M
Dec. 8, 2022 4:03p
P/E Ratio
7.09
Dividend Yield
5.81%
Market Cap
$137.55 billion
Rev. per Employee
$683,493
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/zigman2/quotes/200467500/composite
US : U.S.: Nasdaq
$ 171.69
+10.49 +6.51%
Volume: 51.55M
Dec. 8, 2022 4:00p
P/E Ratio
73.04
Dividend Yield
0.09%
Market Cap
$396.55 billion
Rev. per Employee
$1.27M
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/zigman2/quotes/200646538/composite
US : U.S.: Nasdaq
$ 531.08
+12.58 +2.43%
Volume: 2.75M
Dec. 8, 2022 4:00p
P/E Ratio
20.17
Dividend Yield
3.09%
Market Cap
$216.03 billion
Rev. per Employee
$1.58M
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/zigman2/quotes/202180826/composite
US : U.S.: NYSE
$ 80.07
+1.29 +1.64%
Volume: 5.92M
Dec. 8, 2022 4:03p
P/E Ratio
38.03
Dividend Yield
1.60%
Market Cap
$212.40 billion
Rev. per Employee
$308,797
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/zigman2/quotes/206679220/composite
US : U.S.: Nasdaq
$ 121.75
+3.54 +2.99%
Volume: 7.35M
Dec. 8, 2022 4:00p
P/E Ratio
10.70
Dividend Yield
2.46%
Market Cap
$132.51 billion
Rev. per Employee
$866,667
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/zigman2/quotes/203649727/composite
US : U.S.: Nasdaq
$ 28.44
+0.11 +0.39%
Volume: 28.49M
Dec. 8, 2022 4:00p
P/E Ratio
8.78
Dividend Yield
5.13%
Market Cap
$116.92 billion
Rev. per Employee
$574,236
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/zigman2/quotes/208144392/composite
US : U.S.: Nasdaq
$ 70.47
+0.33 +0.47%
Volume: 56.73M
Dec. 8, 2022 4:00p
P/E Ratio
42.22
Dividend Yield
N/A
Market Cap
$113.09 billion
Rev. per Employee
$1.47M
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/zigman2/quotes/208077897/composite
US : U.S.: Nasdaq
$ 455.00
+10.72 +2.41%
Volume: 1.24M
Dec. 8, 2022 4:00p
P/E Ratio
13.05
Dividend Yield
1.52%
Market Cap
$60.59 billion
Rev. per Employee
$1.01M
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