A Year To Forget For Stock InvestorsAs we near the end of the year, it is clear that the stock market has experienced significant turmoil in 2022.
A total of 1,492 stocks have seen their value drop by 50% or more this year. This is a staggering number, and it indicates that many investors have been hit hard by the market's downturn.
Even more concerning is the fact that 665 stocks have fallen by 75% or more. This means that these stocks have lost a significant portion of their value, and investors who own them may be facing significant losses.
The situation is particularly dire for the 217 stocks that are down 90% or more. This is an incredibly large drop, and it indicates that these stocks are in serious trouble. It is likely that many investors who own these stocks will be forced to take significant losses, and it is possible that some of these companies may not be able to recover.
Overall, the stock market has been volatile this year, and many investors have been hit hard by the downturn. While it is never easy to see your investments lose value, it is important to remember that the stock market is cyclical, and there will be opportunities to recover in the future. In the meantime, it is important to stay focused and to make thoughtful decisions about your investments.
So what will 2023 have in store for us?
