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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 -1.11% touched fresh 52-week lows, according to FactSet data, with $1.755 trillion market cap Microsoft Corp. /zigman2/quotes/207732364/composite MSFT -1.49% and $1.26 trillion Google parent Alphabet Inc. /zigman2/quotes/205453964/composite GOOG -2.38% /zigman2/quotes/202490156/composite GOOGL -2.39% 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 -1.34% , 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 -2.22% and $836.42 billion Tesla Inc. /zigman2/quotes/203558040/composite TSLA -1.27% , 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 +1.31%

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 -3.15% , Broadcom Inc. /zigman2/quotes/200646538/composite AVGO -0.40% , Oracle Corp. /zigman2/quotes/202180826/composite ORCL -0.87% , Qualcomm Inc. /zigman2/quotes/206679220/composite QCOM -1.77% , Intel Corp. /zigman2/quotes/203649727/composite INTC -0.87% , Advanced Micro Devices Inc. /zigman2/quotes/208144392/composite AMD -3.38% , and Lam Research Corp. /zigman2/quotes/208077897/composite LRCX -1.42%

/zigman2/quotes/210599714/realtime
US : S&P US
3,954.61
-44.23 -1.11%
Volume: 0.00
Dec. 6, 2022 12:05p
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/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 246.48
-3.72 -1.49%
Volume: 7.08M
Dec. 6, 2022 12:05p
P/E Ratio
26.62
Dividend Yield
1.10%
Market Cap
$1865.11 billion
Rev. per Employee
$918,891
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/zigman2/quotes/205453964/composite
US : U.S.: Nasdaq
$ 97.49
-2.38 -2.38%
Volume: 8.00M
Dec. 6, 2022 12:05p
P/E Ratio
19.67
Dividend Yield
N/A
Market Cap
$1289.94 billion
Rev. per Employee
$1.79M
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/zigman2/quotes/202490156/composite
US : U.S.: Nasdaq
$ 97.10
-2.38 -2.39%
Volume: 9.26M
Dec. 6, 2022 12:05p
P/E Ratio
19.59
Dividend Yield
N/A
Market Cap
$1289.94 billion
Rev. per Employee
$1.79M
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/zigman2/quotes/202934861/composite
US : U.S.: Nasdaq
$ 144.67
-1.97 -1.34%
Volume: 23.46M
Dec. 6, 2022 12:05p
P/E Ratio
23.74
Dividend Yield
0.64%
Market Cap
$2332.61 billion
Rev. per Employee
$2.40M
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/zigman2/quotes/210331248/composite
US : U.S.: Nasdaq
$ 88.99
-2.02 -2.22%
Volume: 34.34M
Dec. 6, 2022 12:05p
P/E Ratio
82.17
Dividend Yield
N/A
Market Cap
$928.45 billion
Rev. per Employee
$312,308
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/zigman2/quotes/203558040/composite
US : U.S.: Nasdaq
$ 180.13
-2.32 -1.27%
Volume: 48.91M
Dec. 6, 2022 12:05p
P/E Ratio
55.41
Dividend Yield
N/A
Market Cap
$576.13 billion
Rev. per Employee
$753,983
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/zigman2/quotes/203165245/composite
US : U.S.: NYSE
$ 19.00
+0.25 +1.31%
Volume: 15.82M
Dec. 6, 2022 12:05p
P/E Ratio
7.04
Dividend Yield
5.84%
Market Cap
$133.63 billion
Rev. per Employee
$683,493
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/zigman2/quotes/200467500/composite
US : U.S.: Nasdaq
$ 160.87
-5.23 -3.15%
Volume: 15.27M
Dec. 6, 2022 12:05p
P/E Ratio
68.56
Dividend Yield
0.10%
Market Cap
$408.61 billion
Rev. per Employee
$1.27M
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/zigman2/quotes/200646538/composite
US : U.S.: Nasdaq
$ 528.54
-2.10 -0.40%
Volume: 601,499
Dec. 6, 2022 12:04p
P/E Ratio
23.05
Dividend Yield
3.10%
Market Cap
$221.09 billion
Rev. per Employee
$1.58M
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/zigman2/quotes/202180826/composite
US : U.S.: NYSE
$ 78.74
-0.70 -0.87%
Volume: 1.99M
Dec. 6, 2022 12:05p
P/E Ratio
37.44
Dividend Yield
1.62%
Market Cap
$214.16 billion
Rev. per Employee
$308,797
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/zigman2/quotes/206679220/composite
US : U.S.: Nasdaq
$ 121.12
-2.18 -1.77%
Volume: 1.90M
Dec. 6, 2022 12:05p
P/E Ratio
10.65
Dividend Yield
2.48%
Market Cap
$138.22 billion
Rev. per Employee
$866,667
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/zigman2/quotes/203649727/composite
US : U.S.: Nasdaq
$ 28.92
-0.25 -0.87%
Volume: 7.40M
Dec. 6, 2022 12:05p
P/E Ratio
8.93
Dividend Yield
5.04%
Market Cap
$120.38 billion
Rev. per Employee
$574,236
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/zigman2/quotes/208144392/composite
US : U.S.: Nasdaq
$ 71.13
-2.49 -3.38%
Volume: 30.51M
Dec. 6, 2022 12:05p
P/E Ratio
42.73
Dividend Yield
N/A
Market Cap
$118.70 billion
Rev. per Employee
$1.47M
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/zigman2/quotes/208077897/composite
US : U.S.: Nasdaq
$ 446.18
-6.42 -1.42%
Volume: 323,698
Dec. 6, 2022 12:04p
P/E Ratio
12.81
Dividend Yield
1.54%
Market Cap
$61.73 billion
Rev. per Employee
$1.01M
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