The S&P 500 had another big year this year, gaining more than 28% year to date. Most U.S. investors had a lot of winners in their portfolios this year, but not all companies were along for the bull market ride.
Here’s a look at the 10 worst-performing stocks in the entire S&P 500 in 2019, as of the Dec. 20 closing price.
1. Fossil Group Inc FOSL
Fossil investors have been on a rollercoaster ride in the past few years, and 2019 was mostly a free-fall, with the watchmaker’s stock dropping 51.1%.
2. ABIOMED, Inc. ABMD
An FDA letter about the safety of ABIOMED’s Impella RP device wasn’t enough to eliminate market skepticism in 2019, and ABIOMED shares tumbled 49.8%.
3. Macy's Inc M
Investors seem to be increasingly concerned that Macy’s is heading down the same long-term path as Sears Holdings Corp SHLDQ and J C Penney Company Inc JCP, and Macy’s 45.6% drop in 2019 did little to ease those fears.
4. Macerich Co MAC
Like Macy’s, this shopping center real estate investment trust was dragged down by 38.8% on fears that online shopping has brick-and-mortar retail stuck in secular decline.
5. Tripadvisor Inc TRIP
The online travel giant shares slumped 37.3% in 2019 after the company consistently failed to deliver numbers that lived up to Wall Street expectations.
10 Best Performing S&P 500 Stocks Of 2019
6. Occidental Petroleum Corporation OXY
Occidental won a high-profile bidding war with Chevron Corporation CVX for Anadarko Petroleum, but investors weren’t impressed with the $38 billion acquisition, sending Occidental shares down 36.4% in 2019.
7. Diamond Offshore Drilling Inc DO
Oil & gas exploration companies have been among the worst performing stocks in the S&P 500 for the past several years, and Diamond Offshore has the worst year of them all in 2019, dropping 35%.
8. Southwestern Energy Company SWN
Natural gas prices and natural gas producers took a beating in 2019, and Southwestern Energy shares tumbled 32.5%.
9. Owens-Illinois Inc OI
Investors sawy the glass bottle as half empty in 2019 for Owens-Illinois, and its falling revenue and mounting losses drove the stock down 31.9% on the year.
10. Gap Inc GPS
Gap is the final mall retailer included among the worst stocks of 2019, with shares down 31.7% as the company struggles to find an answer to Amazon.com, Inc. AMZN.
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