These 60 stocks, including DraftKings, Zillow and Virgin Galactic, are down at least 50% from their 2021 highs

By Philip van Doorn

Following last week’s lackluster action in the stock market, it might surprise you that 2021 has been an excellent year, with the benchmark S&P 500 Index up 22%.

Beneath the surface, some high-flyers have taken a beating, as you can see from the list below.

Last week, Charlie Bilello made an excellent point while listing the biggest all-time losers among stocks included in the Nasdaq-100 Index: It is always good to be diversified , rather than have your investments concentrated in one company — even very successful ones.

Bilello, CEO of Compound Capital Advisors, called the scene “a stock picker’s bear market,” while noting that the “flagship stock picking fund,” the Ark Innovation ETF /zigman2/quotes/204808965/composite ARKK -5.73% , was down significantly in 2021 after being a winner in 2020, when it rose 156%. (ARKK was down 14% for 2021 through Nov. 26.)

So if you are looking for former high-flyers that may rise from the ashes to soar again, the following list may be useful to begin your own research.

In order to come up with a broad list with well-known companies that might not yet be included in the S&P 500 /zigman2/quotes/210599714/realtime SPX -1.89% or the Nasdaq-100 Index /zigman2/quotes/210598364/realtime NDX -2.75% , we began with the Russell-1000 Index, which includes the largest U.S. stocks by market capitalization.

Exactly 60 of them were down at least 50% from their 2021 highs, through Nov. 26:

Click on the tickers for more about each company. Click  here  for Tomi Kilgore’s detailed guide to the wealth of information for free on the MarketWatch quote page.

/zigman2/quotes/204808965/composite

Add to watchlist ARKK

ARK Innovation ETF

US : U.S.: NYSE Arca

$ 71.52

-4.35 -5.73%

Volume: 38.02M

Jan. 21, 2022 4:00p

/zigman2/quotes/210599714/realtime

Add to watchlist SPX

S&P 500 Index

US : S&P US

4,397.94

-84.79 -1.89%

Volume: 3.20B

Jan. 21, 2022 4:52p

/zigman2/quotes/210598364/realtime

Add to watchlist NDX

NASDAQ 100 Index (NASDAQ Calculation)

US : U.S.: Nasdaq

14,438.40

-408.06 -2.75%

Volume: 1.22M

Jan. 21, 2022 5:16p

/zigman2/quotes/203590706/composite

Add to watchlist STNE

StoneCo Ltd. Cl A

US : U.S.: Nasdaq

$ 14.46

-0.68 -4.49%

Volume: 7.42M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$4.68 billion

Rev. per Employee

$57,957

/zigman2/quotes/221587949/composite

Add to watchlist PSFE

Paysafe Ltd.

US : U.S.: NYSE

$ 3.45

-0.16 -4.43%

Volume: 8.94M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$2.61 billion

Rev. per Employee

$278.84M

/zigman2/quotes/216943028/composite

Add to watchlist SKLZ

Skillz Inc.

US : U.S.: NYSE

$ 4.84

-0.50 -9.36%

Volume: 21.33M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$2.18 billion

Rev. per Employee

$1.24M

/zigman2/quotes/205655041/composite

Add to watchlist CHGG

Chegg Inc.

US : U.S.: NYSE

$ 26.21

-0.63 -2.35%

Volume: 4.96M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$3.89 billion

Rev. per Employee

$399,031

/zigman2/quotes/222990672/composite

Add to watchlist AI

C3.ai Inc.

US : U.S.: NYSE

$ 25.45

-0.83 -3.16%

Volume: 3.82M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$2.76 billion

Rev. per Employee

N/A

/zigman2/quotes/219228417/composite

Add to watchlist GOCO

GoHealth Inc. Cl A

US : U.S.: Nasdaq

$ 2.49

-0.17 -6.39%

Volume: 2.86M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$853.08 million

Rev. per Employee

$345,203

/zigman2/quotes/205077794/composite

Add to watchlist ZG

Zillow Group Inc. Cl A

US : U.S.: Nasdaq

$ 50.24

-2.97 -5.58%

Volume: 1.10M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$13.68 billion

Rev. per Employee

$918,244

/zigman2/quotes/208333884/composite

Add to watchlist SPCE

Virgin Galactic Holdings Inc.

US : U.S.: NYSE

$ 8.47

-0.63 -6.92%

Volume: 23.62M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$2.35 billion

Rev. per Employee

$3,829

/zigman2/quotes/204413973/composite

Add to watchlist Z

Zillow Group Inc. Cl C

US : U.S.: Nasdaq

$ 51.10

-2.76 -5.12%

Volume: 4.66M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$13.68 billion

Rev. per Employee

$918,244

/zigman2/quotes/208035743/composite

Add to watchlist PTON

Peloton Interactive Inc.

US : U.S.: Nasdaq

$ 27.06

+2.84 +11.73%

Volume: 108.94M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$8.00 billion

Rev. per Employee

$469,776

/zigman2/quotes/219257798/composite

Add to watchlist LMND

Lemonade Inc.

US : U.S.: NYSE

$ 29.21

-2.39 -7.56%

Volume: 2.68M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$1.95 billion

Rev. per Employee

$120,106

/zigman2/quotes/218801255/composite

Add to watchlist VRM

Vroom Inc.

US : U.S.: Nasdaq

$ 7.31

-0.39 -5.06%

Volume: 6.97M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$1.05 billion

Rev. per Employee

$2.81M

/zigman2/quotes/219305490/composite

Add to watchlist QS

QuantumScape Corp. Cl A

US : U.S.: NYSE

$ 15.72

-1.58 -9.13%

Volume: 14.94M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$7.31 billion

Rev. per Employee

N/A

/zigman2/quotes/200511275/composite

Add to watchlist DISCA

Discovery Inc. Series A

US : U.S.: Nasdaq

$ 26.19

-1.30 -4.73%

Volume: 10.40M

Jan. 21, 2022 4:00p

P/E Ratio

14.05

Dividend Yield

N/A

Market Cap

$13.72 billion

Rev. per Employee

$1.21M

/zigman2/quotes/200340870/composite

Add to watchlist VIAC

ViacomCBS Inc. Cl B

US : U.S.: Nasdaq

$ 31.25

-2.48 -7.35%

Volume: 21.44M

Jan. 21, 2022 4:00p

P/E Ratio

6.10

Dividend Yield

3.07%

Market Cap

$21.99 billion

Rev. per Employee

$1.24M

/zigman2/quotes/226848462/composite

Add to watchlist VMEO

Vimeo Inc.

US : U.S.: Nasdaq

$ 13.83

-0.73 -5.01%

Volume: 1.72M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$2.41 billion

Rev. per Employee

N/A

/zigman2/quotes/212251938/composite

Add to watchlist FSLY

Fastly Inc. Cl A

US : U.S.: NYSE

$ 28.10

-1.62 -5.45%

Volume: 3.97M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$3.49 billion

Rev. per Employee

$361,301

/zigman2/quotes/219999729/composite

Add to watchlist CVAC

CureVac N.V.

US : U.S.: Nasdaq

$ 18.73

-3.12 -14.28%

Volume: 1.91M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$4.08 billion

Rev. per Employee

$145,829

/zigman2/quotes/205338227/composite

Add to watchlist SAM

Boston Beer Co. Cl A

US : U.S.: NYSE

$ 443.44

-10.32 -2.27%

Volume: 188,477

Jan. 21, 2022 4:00p

P/E Ratio

56.14

Dividend Yield

N/A

Market Cap

$5.57 billion

Rev. per Employee

$895,735

/zigman2/quotes/206632254/composite

Add to watchlist IOVA

Iovance Biotherapeutics Inc.

US : U.S.: Nasdaq

$ 13.96

-0.08 -0.57%

Volume: 3.05M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$2.20 billion

Rev. per Employee

N/A

/zigman2/quotes/224481620/composite

Add to watchlist SGFY

Signify Health Inc.

US : U.S.: NYSE

$ 12.27

-0.40 -3.16%

Volume: 1.70M

Jan. 21, 2022 4:01p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$2.87 billion

Rev. per Employee

N/A

/zigman2/quotes/206702514/composite

Add to watchlist VIACA

ViacomCBS Inc. Cl A

US : U.S.: Nasdaq

$ 34.54

-2.99 -7.97%

Volume: 151,458

Jan. 21, 2022 4:00p

P/E Ratio

6.75

Dividend Yield

2.78%

Market Cap

$21.99 billion

Rev. per Employee

$1.24M

/zigman2/quotes/211617595/composite

Add to watchlist BYND

Beyond Meat Inc.

US : U.S.: Nasdaq

$ 61.60

+0.18 +0.29%

Volume: 4.30M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$3.89 billion

Rev. per Employee

$581,121

/zigman2/quotes/207420252/composite

Add to watchlist TDOC

Teladoc Health Inc.

US : U.S.: NYSE

$ 72.90

-3.29 -4.32%

Volume: 5.52M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$12.20 billion

Rev. per Employee

$423,135

/zigman2/quotes/201842100/composite

Add to watchlist DISCK

Discovery Inc. Series C

US : U.S.: Nasdaq

$ 25.53

-1.23 -4.60%

Volume: 7.09M

Jan. 21, 2022 4:00p

P/E Ratio

13.70

Dividend Yield

N/A

Market Cap

$13.72 billion

Rev. per Employee

$1.21M

/zigman2/quotes/219854810/composite

Add to watchlist RKT

Rocket Cos. Inc.

US : U.S.: NYSE

$ 12.92

-0.19 -1.45%

Volume: 4.01M

Jan. 21, 2022 4:00p

P/E Ratio

6.23

Dividend Yield

0.00%

Market Cap

$26.01 billion

Rev. per Employee

N/A

/zigman2/quotes/209264611/composite

Add to watchlist PENN

Penn National Gaming Inc.

US : U.S.: Nasdaq

$ 40.92

-1.01 -2.41%

Volume: 4.31M

Jan. 21, 2022 4:00p

P/E Ratio

18.31

Dividend Yield

N/A

Market Cap

$7.11 billion

Rev. per Employee

$292,555

/zigman2/quotes/205925446/composite

Add to watchlist NFE

New Fortress Energy LLC Cl A

US : U.S.: Nasdaq

$ 20.50

-2.25 -9.89%

Volume: 1.15M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

1.95%

Market Cap

$4.71 billion

Rev. per Employee

$3.55M

/zigman2/quotes/212846591/composite

Add to watchlist ADPT

Adaptive Biotechnologies Corp.

US : U.S.: Nasdaq

$ 16.39

-0.78 -4.54%

Volume: 899,132

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$2.42 billion

Rev. per Employee

$235,690

/zigman2/quotes/200179567/composite

Add to watchlist SAGE

Sage Therapeutics Inc.

US : U.S.: Nasdaq

$ 38.21

-0.61 -1.57%

Volume: 561,259

Jan. 21, 2022 4:00p

P/E Ratio

3.06

Dividend Yield

N/A

Market Cap

$2.29 billion

Rev. per Employee

$3.74M

/zigman2/quotes/206118480/composite

Add to watchlist TRIP

TripAdvisor Inc.

US : U.S.: Nasdaq

$ 27.49

-0.49 -1.75%

Volume: 3.11M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

0.00%

Market Cap

$3.87 billion

Rev. per Employee

$299,307

/zigman2/quotes/203755179/composite

Add to watchlist GME

GameStop Corp. Cl A

US : U.S.: NYSE

$ 106.36

+3.69 +3.59%

Volume: 5.53M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

0.00%

Market Cap

$7.84 billion

Rev. per Employee

$489,908

/zigman2/quotes/201589146/composite

Add to watchlist NVCR

Novocure Ltd.

US : U.S.: Nasdaq

$ 67.18

-2.92 -4.17%

Volume: 753,002

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$7.28 billion

Rev. per Employee

$522,972

/zigman2/quotes/217322651/composite

Add to watchlist OPEN

Opendoor Technologies Inc.

US : U.S.: Nasdaq

$ 9.47

-0.28 -2.87%

Volume: 19.11M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$5.97 billion

Rev. per Employee

$4.24M

/zigman2/quotes/206715615/composite

Add to watchlist NKTR

Nektar Therapeutics

US : U.S.: Nasdaq

$ 10.95

-0.83 -7.05%

Volume: 3.64M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$2.17 billion

Rev. per Employee

$139,777

/zigman2/quotes/207426329/composite

Add to watchlist ATUS

Altice USA Inc. Cl A

US : U.S.: NYSE

$ 14.15

-0.88 -5.85%

Volume: 5.80M

Jan. 21, 2022 4:00p

P/E Ratio

6.46

Dividend Yield

N/A

Market Cap

$6.87 billion

Rev. per Employee

$1.14M

/zigman2/quotes/200765742/composite

Add to watchlist SABR

Sabre Corp.

US : U.S.: Nasdaq

$ 8.61

-0.75 -8.01%

Volume: 7.17M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

0.00%

Market Cap

$3.03 billion

Rev. per Employee

$199,436

/zigman2/quotes/204970392/composite

Add to watchlist RARE

Ultragenyx Pharmaceutical Inc.

US : U.S.: Nasdaq

$ 67.17

-1.80 -2.61%

Volume: 350,297

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$4.70 billion

Rev. per Employee

$402,642

/zigman2/quotes/209382272/composite

Add to watchlist WIX

Wix.com Ltd.

US : U.S.: Nasdaq

$ 128.58

-4.87 -3.65%

Volume: 877,548

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$7.60 billion

Rev. per Employee

$264,444

/zigman2/quotes/201272020/composite

Add to watchlist IONS

Ionis Pharmaceuticals Inc.

US : U.S.: Nasdaq

$ 29.88

-0.13 -0.43%

Volume: 1.61M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$4.24 billion

Rev. per Employee

$872,457

/zigman2/quotes/206140855/composite

Add to watchlist SRPT

Sarepta Therapeutics Inc.

US : U.S.: Nasdaq

$ 63.47

-1.12 -1.73%

Volume: 1.54M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$5.62 billion

Rev. per Employee

$745,455

/zigman2/quotes/202651591/composite

Add to watchlist AYX

Alteryx Inc. Cl A

US : U.S.: NYSE

$ 53.09

-2.63 -4.72%

Volume: 1.02M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$3.76 billion

Rev. per Employee

$360,591

/zigman2/quotes/206554267/composite

Add to watchlist GPS

Gap Inc.

US : U.S.: NYSE

$ 15.86

-0.20 -1.25%

Volume: 7.97M

Jan. 21, 2022 4:05p

P/E Ratio

12.13

Dividend Yield

3.03%

Market Cap

$6.00 billion

Rev. per Employee

$141,615

/zigman2/quotes/207929745/composite

Add to watchlist AMED

Amedisys Inc.

US : U.S.: Nasdaq

$ 133.03

-1.48 -1.10%

Volume: 292,051

Jan. 21, 2022 4:00p

P/E Ratio

19.98

Dividend Yield

N/A

Market Cap

$4.39 billion

Rev. per Employee

$105,024

/zigman2/quotes/219854788/composite

Add to watchlist OSH

Oak Street Health Inc.

US : U.S.: NYSE

$ 17.48

-1.64 -8.58%

Volume: 4.06M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$4.61 billion

Rev. per Employee

$401,563

/zigman2/quotes/221054928/composite

Add to watchlist PLTR

Palantir Technologies Inc.

US : U.S.: NYSE

$ 13.53

-1.09 -7.46%

Volume: 73.03M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$29.31 billion

Rev. per Employee

$586,762

/zigman2/quotes/205021014/composite

Add to watchlist RUN

SunRun Inc.

US : U.S.: Nasdaq

$ 25.91

-2.84 -9.88%

Volume: 13.28M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$5.95 billion

Rev. per Employee

$175,898

/zigman2/quotes/208773050/composite

Add to watchlist LZ

LegalZoom.com Inc.

US : U.S.: Nasdaq

$ 14.64

-0.63 -4.13%

Volume: 1.02M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$3.01 billion

Rev. per Employee

N/A

/zigman2/quotes/206734450/composite

Add to watchlist COMM

CommScope Holding Co. Inc.

US : U.S.: Nasdaq

$ 8.84

-0.42 -4.54%

Volume: 4.13M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$1.89 billion

Rev. per Employee

$283,147

/zigman2/quotes/211319641/composite

Add to watchlist PINS

Pinterest Inc.

US : U.S.: NYSE

$ 29.45

-2.50 -7.82%

Volume: 16.78M

Jan. 21, 2022 4:00p

P/E Ratio

58.53

Dividend Yield

N/A

Market Cap

$20.84 billion

Rev. per Employee

$957,560

/zigman2/quotes/205087179/composite

Add to watchlist ROKU

Roku Inc. Cl A

US : U.S.: Nasdaq

$ 152.13

-15.23 -9.10%

Volume: 8.17M

Jan. 21, 2022 4:00p

P/E Ratio

74.93

Dividend Yield

N/A

Market Cap

$22.49 billion

Rev. per Employee

$1.32M

/zigman2/quotes/226048330/composite

Add to watchlist AGL

agilon health inc.

US : U.S.: NYSE

$ 16.32

-0.74 -4.34%

Volume: 1.77M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$6.72 billion

Rev. per Employee

$2.21M

/zigman2/quotes/203902116/composite

Add to watchlist JWN

Nordstrom Inc.

US : U.S.: NYSE

$ 20.00

-0.90 -4.31%

Volume: 7.04M

Jan. 21, 2022 4:00p

P/E Ratio

465.12

Dividend Yield

0.00%

Market Cap

$3.33 billion

Rev. per Employee

$224,968

/zigman2/quotes/213120645/composite

Add to watchlist DKNG

DraftKings Inc. Cl A

US : U.S.: Nasdaq

$ 19.46

-1.21 -5.85%

Volume: 34.67M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$16.53 billion

Rev. per Employee

$440,355

/zigman2/quotes/211319643/composite

Add to watchlist ZM

Zoom Video Communications Inc.

US : U.S.: Nasdaq

$ 147.66

-8.15 -5.23%

Volume: 5.72M

Jan. 21, 2022 4:00p

P/E Ratio

39.28

Dividend Yield

N/A

Market Cap

$46.43 billion

Rev. per Employee

$884,435

/zigman2/quotes/226005952/composite

Add to watchlist TSP

TuSimple Holdings Inc.

US : U.S.: Nasdaq

$ 18.95

-2.26 -10.66%

Volume: 3.16M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$4.52 billion

Rev. per Employee

$2,197

/zigman2/quotes/206556281/composite

Add to watchlist DCT

Duck Creek Technologies Inc.

US : U.S.: Nasdaq

$ 24.14

-1.20 -4.74%

Volume: 566,551

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$3.35 billion

Rev. per Employee

$154,245

/zigman2/quotes/204236620/composite

Add to watchlist RNG

RingCentral Inc. Cl A

US : U.S.: NYSE

$ 167.33

-1.82 -1.08%

Volume: 1.28M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$15.59 billion

Rev. per Employee

$471,590

/zigman2/quotes/209228864/composite

Add to watchlist PLAN

Anaplan Inc.

US : U.S.: NYSE

$ 44.48

-1.56 -3.39%

Volume: 1.92M

Jan. 21, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$6.80 billion

Rev. per Employee

$290,538

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Playtika Holding Corp.

US : U.S.: Nasdaq

$ 18.13

-1.13 -5.87%

Volume: 1.15M

Jan. 21, 2022 4:00p

P/E Ratio

26.08

Dividend Yield

N/A

Market Cap

$7.89 billion

Rev. per Employee

$659,868