Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two and a half years. But there was no question some big-name stocks performed better than others since the pandemic bottom.
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened: On Jan. 6, 1981, Joe Granville warned his newsletter readers to “Sell everything!”
Where The Market Was: The Dow closed at 1,004.69 and the S&P 500 traded at 138.12.
The health care sector held up relatively well in a difficult year for stocks in 2022. On Wednesday, one analyst adjusted his coverage of two large cap pharmaceutical stocks heading into what could be a volatile 2023.
Tesla Inc (NASDAQ: TSLA) was one of the worst-performing stocks in the market in 2022, but Tesla continued to be one of the best payoffs for short sellers.
After another brutal year in 2021, Tesla Inc (NASDAQ: TSLA) short sellers had their best year ever in 2022 as a combination of a difficult macroeconomic environment and some questionable decisions by Tesla CEO Elon Musk sent Tesla's stock price down
Shares of electric vehicle maker Tesla Inc (NASDAQ: TSLA) are down 71.7% year-to-date, making the stock one of 2022's worst performers in the entire S&P 500.
The SPDR S&P 500 ETF Trust (NYSE: SPY) 500 declined for the fourth consecutive week as the stock market completed its worst year in more than a decade.