Nearly 300 S&P 500 Stocks Fall 10% From 52-Week Highs
Updated
Updated · Investor's Business Daily · Aug 25
Nearly 300 S&P 500 Stocks Fall 10% From 52-Week Highs
3 articles · Updated · Investor's Business Daily · Aug 25
Summary
About 300 S&P 500 members are already in correction territory, down at least 10% from their 52-week highs even as the broader market has avoided a headline-level pullback.
That amounts to nearly two-thirds of the index, suggesting the weakness is far broader beneath the surface than the benchmark’s overall level implies.
Trade Desk, CoStar and Fiserv are among the stocks cited in the selloff, according to data from S&P Global Market Intelligence and MarketSurge.
The breadth of those declines indicates investors waiting for a market correction may already be experiencing one across individual stocks rather than through a sharp index drop.