RAD - 5 Stocks That Have Been Cut in Half So Far in 2019
Wall Street has had its ups and downs in 2019, but some investors have mostly been feeling the downs. Several stocks have been cut in half this year heading into the final quarter, despite the S&P 500 hanging on to a 16% gain in 2019 through Thursday's close.
At Home (NYSE: HOME), Rite Aid (NYSE: RAD), Tilray (NASDAQ: TLRY), GameStop (NYSE: GME), and Stamps.com (NASDAQ: STMP) have all seen their stock prices shed more than 50% of their value this year. The market has its top stocks, and these five investments are not making the cut. Let's go over what each company did to fall out of favor so far this year.
Image source: GameStop.