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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 -0.91% 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 -0.97% ) and the Nasdaq-100 Index /zigman2/quotes/210598364/realtime NDX -1.18% (tracked by the Invesco QQQ Trust /zigman2/quotes/208575548/composite QQQ -1.18% ) 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 +0.33% 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
4,432.99
-40.76 -0.91%
Volume: 3.79B
Sept. 17, 2021 5:25p
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/zigman2/quotes/209901640/composite
US : U.S.: NYSE Arca
$ 441.40
-4.34 -0.97%
Volume: 118.43M
Sept. 17, 2021 4:00p
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/zigman2/quotes/210598364/realtime
US : U.S.: Nasdaq
15,333.47
-182.44 -1.18%
Volume: 957,398
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/zigman2/quotes/208575548/composite
US : U.S.: Nasdaq
$ 373.83
-4.48 -1.18%
Volume: 60.91M
Sept. 17, 2021 4:00p
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/zigman2/quotes/203558040/composite
US : U.S.: Nasdaq
$ 759.49
+2.50 +0.33%
Volume: 28.20M
Sept. 17, 2021 4:00p
P/E Ratio
395.75
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
$ 26.88
-0.11 -0.41%
Volume: 7.58M
Sept. 17, 2021 4:00p
P/E Ratio
13.01
Dividend Yield
N/A
Market Cap
$13.42 billion
Rev. per Employee
$1.09M
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US : U.S.: Nasdaq
$ 39.99
-0.44 -1.09%
Volume: 9.90M
Sept. 17, 2021 4:00p
P/E Ratio
7.53
Dividend Yield
2.40%
Market Cap
$26.03 billion
Rev. per Employee
$1.14M
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/zigman2/quotes/209264611/composite
US : U.S.: Nasdaq
$ 74.59
-1.48 -1.95%
Volume: 6.56M
Sept. 17, 2021 4:00p
P/E Ratio
28.14
Dividend Yield
N/A
Market Cap
$11.69 billion
Rev. per Employee
$195,333
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US : U.S.: Nasdaq
$ 100.73
+0.84 +0.84%
Volume: 6.70M
Sept. 17, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$126.24 billion
Rev. per Employee
$1.08M
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/zigman2/quotes/209050136/composite
US : U.S.: Nasdaq
$ 162.21
+2.65 +1.66%
Volume: 4.82M
Sept. 17, 2021 4:00p
P/E Ratio
8.45
Dividend Yield
N/A
Market Cap
$58.09 billion
Rev. per Employee
$378,365
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/zigman2/quotes/211319643/composite
US : U.S.: Nasdaq
$ 287.68
+9.46 +3.40%
Volume: 5.42M
Sept. 17, 2021 4:00p
P/E Ratio
86.91
Dividend Yield
N/A
Market Cap
$85.48 billion
Rev. per Employee
$599,586
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/zigman2/quotes/203060494/composite
US : U.S.: Nasdaq
$ 151.78
-1.79 -1.17%
Volume: 2.85M
Sept. 17, 2021 4:00p
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
$ 25.59
+0.53 +2.11%
Volume: 14.22M
Sept. 17, 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
$ 28.82
+0.21 +0.73%
Volume: 4.54M
Sept. 17, 2021 4:00p
P/E Ratio
6.34
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
$ 111.57
+0.62 +0.56%
Volume: 3.03M
Sept. 17, 2021 4:00p
P/E Ratio
38.64
Dividend Yield
1.33%
Market Cap
$13.86 billion
Rev. per Employee
$359,633
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/zigman2/quotes/202259802/composite
US : U.S.: Nasdaq
$ 188.30
+1.20 +0.64%
Volume: 2.21M
Sept. 17, 2021 4:00p
P/E Ratio
24.86
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
$ 103.42
-1.50 -1.43%
Volume: 5.90M
Sept. 17, 2021 4:00p
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
$ 44.54
+0.07 +0.16%
Volume: 11.74M
Sept. 17, 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
$ 156.21
+2.64 +1.72%
Volume: 1.38M
Sept. 17, 2021 4:00p
P/E Ratio
47.92
Dividend Yield
N/A
Market Cap
$28.42 billion
Rev. per Employee
$1.04M
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/zigman2/quotes/201531540/composite
US : U.S.: Nasdaq
$ 300.19
+0.50 +0.17%
Volume: 1.68M
Sept. 17, 2021 4:00p
P/E Ratio
24.08
Dividend Yield
N/A
Market Cap
$44.74 billion
Rev. per Employee
$1.36M
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/zigman2/quotes/200215692/composite
US : U.S.: NYSE
$ 33.05
-1.25 -3.64%
Volume: 37.57M
Sept. 17, 2021 4:03p
P/E Ratio
17.25
Dividend Yield
0.91%
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$48.52 billion
Rev. per Employee
$566,204
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/zigman2/quotes/201200230/composite
US : U.S.: Nasdaq
$ 82.62
+2.55 +3.18%
Volume: 6.74M
Sept. 17, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
2.18%
Market Cap
$14.96 billion
Rev. per Employee
$3.84M
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/zigman2/quotes/208854639/composite
US : U.S.: NYSE
$ 83.79
+1.25 +1.51%
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Sept. 17, 2021 4:05p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$21.33 billion
Rev. per Employee
$25,986
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/zigman2/quotes/200648444/composite
US : U.S.: Nasdaq
$ 20.14
-0.35 -1.71%
Volume: 6.92M
Sept. 17, 2021 4:00p
P/E Ratio
10.84
Dividend Yield
0.50%
Market Cap
$7.61 billion
Rev. per Employee
$1.95M
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/zigman2/quotes/209413137/composite
US : U.S.: Nasdaq
$ 13.57
-0.12 -0.88%
Volume: 22.84M
Sept. 17, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
3.24%
Market Cap
$16.41 billion
Rev. per Employee
$265,360
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