January Defect: 5 Worst-Performing Dow Stocks
Published February 1, 2012 12:52 AM
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Updated April 26, 2016 3:12 PM
1 Min Read
January Defect: 5 Worst-Performing Dow Stocks
They call it the “January Effect.”
Whether it’s the by-product of those Wall Street guys reinvesting their year-end bonuses or individual investors jumping back into the market after selling for year-end tax reasons, the Dow Jones Industrial Average historically gets a nice little (and sometimes huge) bump during the first month of the year.
This January was no exception.
The Dow rallied up 415.35 points, or 3.4%, in January – the best January percentage gain since 1997.
But for some stocks, the year didn’t get off to a very auspicious start. Fortunately, there’s still plenty of time left this year to rebound.
Here’s an interactive slide show highlighting the 5 worst-performing Dow component stocks for January 2012:
Whether it’s the by-product of those Wall Street guys reinvesting their year-end bonuses or individual investors jumping back into the market after selling for year-end tax reasons, the Dow Jones Industrial Average historically gets a nice little (and sometimes huge) bump during the first month of the year.
This January was no exception.
The Dow rallied up 415.35 points, or 3.4%, in January – the best January percentage gain since 1997.
But for some stocks, the year didn’t get off to a very auspicious start. Fortunately, there’s still plenty of time left this year to rebound.
Here’s an interactive slide show highlighting the 5 worst-performing Dow component stocks for January 2012:
1. Verizon Communications (NYSE: VZ)<br><br>
Closing price on Dec. 30: $40.12
Closing price on Jan. 31: $37.66
Percentage loss: -6.1%
2011 Performance Ranking (Out of 30): 10th, +12.1%
Closing price on Jan. 31: $37.66
Percentage loss: -6.1%
2011 Performance Ranking (Out of 30): 10th, +12.1%
2. Proctor & Gamble (NYSE: PG)<br><br>
Closing price on Dec. 30: $66.71
Closing price on Jan. 31: $63.04
Percentage loss: -5.5%
2011 Performance Ranking (Out of 30): 17th, +3.7%
Closing price on Jan. 31: $63.04
Percentage loss: -5.5%
2011 Performance Ranking (Out of 30): 17th, +3.7%
3. Coca-Cola (NYSE: KO)<br><br>
Closing price on Dec. 30: $69.97
Closing price on Jan. 31: $67.53
Percentage loss: -3.5%
2011 Performance Ranking (Out of 30): 13th, +6.4%
Closing price on Jan. 31: $67.53
Percentage loss: -3.5%
2011 Performance Ranking (Out of 30): 13th, +6.4%
4. Chevron (NYSE: NYSE: CVX)<br><br>
Closing price on Dec. 30: $106.40
Closing price on Jan. 31: $103.12
Percentage loss: -3.1%
2011 Performance Ranking (Out of 30): 6th, +16.6%
Closing price on Jan. 31: $103.12
Percentage loss: -3.1%
2011 Performance Ranking (Out of 30): 6th, +16.6%
5. AT&T (NYSE: T)<br><br>
Closing price on Dec. 30: $30.24
Closing price on Jan. 31: $29.41
Percentage loss: -2.7%
2011 Performance Ranking (Out of 30): 18th, +2.9%
Also see:
January Effect: 5 Best-Performing Dow Stocks
The 10 Best-Performing Dow Stocks of 2011
The 10 Worst-Performing Dow Stocks of 2011
Closing price on Jan. 31: $29.41
Percentage loss: -2.7%
2011 Performance Ranking (Out of 30): 18th, +2.9%
Also see:
January Effect: 5 Best-Performing Dow Stocks
The 10 Best-Performing Dow Stocks of 2011
The 10 Worst-Performing Dow Stocks of 2011
