438 Stocks on the NYSE Have Already Plunged 40%-94% from 52-Week Highs

Bloodletting beneath the surface. Big names too. Here they are.

It’s barely a correction, technically speaking, with the S&P 500 down 9.9% from its all-time closing high, the Dow down 9.2%, the Nasdaq down 14%, and the Russell 2000 small-caps index down 15%. But beneath the surface, there has been some serious bloodletting for many stocks.

For example, 438 stocks among the 2,051 or so stocks traded on the New York Stock Exchange (NYSE) have plunged between 40% and 94% from their 52-week highs.

This does not include any stocks traded on the Nasdaq. They have their own blacklist.

Those 438 plungers on the NYSE include a bunch of foreign companies trading on the NYSE (some are trading as ADRs). They include lots of companies in the oil-and-gas sector, homebuilders, gold miners, retailers, aluminum and steel makers, a weed company (other NYSE-listed weed companies are only down 30% to 40% and didn’t make this blacklist), financial services firms and banks, including some of the biggest in the world.

Here is a brief rundown. Below is the complete list. Note that some of these stocks – such as GE, which is also on this blacklist – have plunged far more from their all-time highs established in prior years.

6 stocks have plunged 90% or more from their 52-week highs. This includes number 1, Parker Drilling down 93.6%.

11 stocks have plunged between 80% and 90% from their 52-week highs. This includes a bunch companies in the shale-oil space, retail-technology provider Diebold Nixdorf, and addiction rehab provider AAC.

26 stocks have plunged between 70% and 80% from their 52-week highs. This includes meal-kit highflier and former unicorn Blue Apron and 2-day-miracle super-duper unicorn Snapchat parent Snap that had soared to $30 billion in market cap on day two after its IPO (to $29.30 a share). It’s now at $6.35, down 78.3% from its all-time high and down 70.1% from its 52-week high. This category also sports former retail-icon now retail-zombie J.C. Penney.

54 stocks have plunged between 60% and 70% from their 52-week highs. This includes wannabe-blockchain-scam outfit Eastman Kodak, Och-Ziff Capital management, Tata Motors (ADR), Lumber Liquidators, homebuilders Hovnanian and William Lyon Homes, and Luby’s (Luby’s, Fuddruckers, Koo Koo Roo, Cheeseburger in Paradise).

122 stocks have plunged between 50% and 60% from their 52-week highs. This includes General Electric (at -59.7%, it barely missed the category above), crane maker Manitowoc, Winnebago Industries, Eldorado Gold, Rite Aid, teetering California utility PG&E (-56%, even after its regulator-induced 40% bounce over the past four trading days), Container Store, Deutsche Bank (-53.3%), homebuilder Beazer Homes, real estate focused Colony Capital, Dean Foods, Korean LCD manufacturer LG Display, Marriott’s former timeshare outfit Marriott Vacations Worldwide, and Aurora Cannabis.

219 stocks have plunged between 40% and 50% from their 52-week highs. This includes Owens Corning, Alcoa, US Steel, Grubhub, Lions Gate Entertainment, PittneyBowes, Abercrombie & Fitch, DuPont spin-off Chemours, Halliburton, Tenet Healthcare, chemicals maker Huntsman, Chesapeake Energy, formerly red-hot online-only furniture retailer Wayfair, Yelp, Del Monte, Manpower, Schlumberger, Michael Kors, GE’s partial acquisition Baker Hughes, homebuilders KB Home and Lennar, megadealer AutoNation, Credit Suisse, and Legg Mason.

Below is the complete list of the 438 stocks on the NYSE that have plunged between 40% and 94% from their 52-week highs to their closing price on November 21. You can search the list via the search box in your browser. If your smartphone (like mine) cuts off the table on the right side, hold your device in landscape position (data via WSJ’s Market Data Center):

Name Symbol Close 52 Wk High off high
Parker Drilling PKD 1.39 21.60 -93.6%
Roadrunner Transportation RRTS 0.59 8.77 -93.3%
Link Motion ADR LKM 0.34 4.68 -92.7%
Renren Cl A ADR RENN 1.50 18.70 -92.0%
Jones Energy Cl A JONE 2.35 29.00 -91.9%
Amira Nature Foods ANFI 0.57 6.14 -90.7%
Babcock&Wilcox Enterprises BW 0.93 7.66 -87.9%
Netshoes (Cayman) NETS 1.30 9.94 -86.9%
Sanchez Energy SN 0.85 6.19 -86.3%
Horizon Global HZN 2.06 14.80 -86.1%
Weatherford International WFT 0.68 4.41 -84.6%
AAC Holdings AAC 2.00 12.96 -84.6%
Puxin ADR NEW 5.71 35.00 -83.7%
Diebold Nixdorf DBD 3.50 20.40 -82.8%
Cloud Peak Energy CLD 1.09 5.70 -80.9%
Lannett LCI 5.95 30.35 -80.4%
China Rapid Finance ADR XRF 1.96 9.40 -79.1%
Covia Holdings CVIA 6.42 30.00 -78.6%
Flotek Industries FTK 1.52 6.77 -77.5%
Southcross Energy Partners SXE 0.51 2.20 -76.8%
Blue Apron Holdings Cl A APRN 1.06 4.56 -76.8%
Venator Materials VNTR 5.70 24.31 -76.6%
Navios Maritime Midstream NAP 2.61 10.40 -74.9%
Maxar Technologies MAXR 16.94 67.30 -74.8%
Roan Resources ROAN 11.09 43.95 -74.8%
Valhi VHI 2.34 9.24 -74.7%
Pier 1 Imports PIR 1.51 5.92 -74.5%
Emerge Energy Services EMES 2.70 10.45 -74.2%
Pyxus International PYX 13.63 52.43 -74.0%
Basic Energy Services BAS 6.96 26.75 -74.0%
Grupo Supervielle ADR SUPV 9.12 33.85 -73.1%
Navios Maritime Holdings NM 0.40 1.48 -73.0%
China Green Agriculture CGA 0.58 2.11 -72.5%
Ampco-Pittsburgh AP 4.33 15.65 -72.3%
J.C. Penney JCP 1.32 4.75 -72.2%
RYB Education ADR RYB 7.95 28.08 -71.7%
Sunlands Online Education ADR STG 4.00 14.08 -71.6%
Adient ADNT 24.25 84.59 -71.3%
Vipshop Holdings ADR VIPS 5.55 19.14 -71.0%
Delphi Technologies DLPH 17.61 60.39 -70.8%
Fang Holdings ADR SFUN 1.69 5.69 -70.3%
ION Geophysical IO 9.67 32.45 -70.2%
Snap SNAP 6.35 21.22 -70.1%
LightInTheBox Holding ADR LITB 1.07 3.52 -69.6%
Oi ADR OIBRC 2.25 7.37 -69.5%
Eastman Kodak KODK 4.06 13.28 -69.4%
Qudian ADR QD 5.87 19.11 -69.3%
Ferrellgas Partners FGP 1.45 4.70 -69.1%
Invacare IVC 6.18 20.00 -69.1%
McDermott International MDR 8.42 27.21 -69.1%
NL Industries NL 5.01 16.05 -68.8%
Biglari Holdings Cl B BH 139.76 443.80 -68.5%
EP Energy Cl A EPE 1.12 3.50 -68.0%
Enzo Biochem ENZ 3.16 9.87 -68.0%
Halcon Resources HK 2.91 9.07 -67.9%
Navios Maritime Acquisition NNA 6.60 20.55 -67.9%
Harte-Hanks HHS 3.91 12.16 -67.8%
Bristow Group BRS 6.17 18.91 -67.4%
Och-Ziff Capital Management OZM 1.04 3.18 -67.3%
Daqo New Energy ADR DQ 23.96 72.50 -67.0%
Evoqua Water Technologies AQUA 8.39 25.36 -66.9%
Christopher&Banks CBK 0.49 1.47 -66.7%
JinkoSolar Holding ADR JKS 9.18 27.26 -66.3%
Jupai Holdings ADR JP 8.99 26.66 -66.3%
Yirendai ADR YRD 16.40 47.93 -65.8%
REV Group REVG 11.37 33.15 -65.7%
Superior Industries International SUP 7.97 22.95 -65.3%
American Midstream Partners AMID 5.30 15.25 -65.2%
Quantum QTM 2.28 6.56 -65.2%
HUYA ADR HUYA 17.69 50.82 -65.2%
500.com ADR WBAI 8.11 23.22 -65.1%
Lithium Americas LAC 3.86 10.95 -64.7%
Denbury Resources DNR 2.38 6.75 -64.7%
X Financial ADR XYF 7.19 20.30 -64.6%
Camping World Holdings Cl A CWH 17.43 47.62 -63.4%
Owens&Minor OMI 8.44 22.91 -63.2%
Dynagas LNG Partners DLNG 5.19 13.97 -62.8%
William Lyon Homes WLH 12.36 32.95 -62.5%
Crescent Point Energy CPG 3.48 9.25 -62.4%
Tata Motors ADR TTM 13.02 34.40 -62.2%
Gabelli Global Utility&Income Trust Rt GLU$ 0.36 0.95 -62.1%
Banco Macro ADR BMA 46.34 121.90 -62.0%
Hovnanian Enterprises Cl A HOV 1.30 3.41 -61.9%
Ra Medical Systems RMED 8.40 22.00 -61.8%
Lumber Liquidators Holdings LL 12.46 32.63 -61.8%
Baytex Energy BTE 1.87 4.85 -61.4%
Bloom Energy BE 14.67 38.00 -61.4%
U.S. Silica Holdings SLCA 15.05 38.70 -61.1%
Sequans Communications ADR SQNS 1.02 2.61 -60.9%
HC2 Holdings HCHC 3.05 7.79 -60.8%
Manning&Napier MN 1.71 4.35 -60.7%
Luby’s LUB 1.26 3.20 -60.6%
Loma Negra Compania Industrial Argentina ADR LOMA 10.60 26.89 -60.6%
Tronox Cl A TROX 11.08 28.07 -60.5%
Obsidian Energy OBE 0.57 1.44 -60.4%
Sogou ADR SOGO 6.15 15.50 -60.3%
Teekay TK 4.34 10.90 -60.2%
Quorum Health QHC 4.01 10.00 -59.9%
ReneSola ADR SOL 1.52 3.79 -59.9%
Elevate Credit ELVT 4.52 11.27 -59.9%
CARBO Ceramics CRR 5.09 12.69 -59.9%
Four Seasons Education (Cayman) ADR FEDU 4.20 10.45 -59.8%
General Electric GE 7.81 19.39 -59.7%
Triple-S Management Cl B GTS 17.75 44.01 -59.7%
Key Energy Services KEG 7.43 18.40 -59.6%
BEST ADR BSTI 5.47 13.54 -59.6%
Coty Cl A COTY 8.77 21.68 -59.5%
Koppers Holdings KOP 20.98 51.65 -59.4%
CSS Industries CSS 11.96 29.34 -59.2%
Lydall LDL 23.10 56.60 -59.2%
Hi-Crush Partners HCLP 6.80 16.65 -59.2%
Eclipse Resources ECR 1.14 2.79 -59.1%
Zymeworks ZYME 11.85 29.00 -59.1%
Dana DAN 14.46 35.27 -59.0%
Switch Cl A SWCH 7.66 18.57 -58.8%
Kingsway Financial Services KFS 2.46 5.95 -58.7%
Despegar.com DESP 15.14 36.56 -58.6%
Summit Materials Cl A SUM 14.12 34.06 -58.5%
IRSA-Inversiones y Representaciones GDR IRS 12.99 31.27 -58.5%
Thor Industries THO 67.24 161.48 -58.4%
Empresa Distribuidora y Comercializadora Norte ADR EDN 26.37 63.29 -58.3%
Castlight Health Cl B CSLT 2.49 5.95 -58.2%
Nevro NVRO 39.57 94.34 -58.1%
Bellatrix Exploration BXE 0.86 2.05 -58.0%
Spectrum Brands Holdings SPB 50.12 119.00 -57.9%
Textainer Group Holdings TGH 11.17 26.50 -57.8%
Forum Energy Technologies FET 7.57 17.95 -57.8%
CURO Group Holdings CURO 13.58 32.20 -57.8%
BRF ADR BRFS 5.45 12.86 -57.6%
JELD-WEN Holding JELD 18.01 42.27 -57.4%
Manitowoc MTW 18.76 44.03 -57.4%
Entravision Communications EVC 3.37 7.90 -57.3%
Civeo CVEO 1.98 4.64 -57.3%
Telecom Argentina ADR TEO 17.16 40.19 -57.3%
Eldorado Gold EGO 0.63 1.47 -57.1%
Bright Scholar Education Holdings ADR BEDU 10.29 23.99 -57.1%
Rite Aid RAD 1.10 2.55 -56.9%
Winnebago Industries WGO 25.34 58.65 -56.8%
GMS GMS 17.28 39.98 -56.8%
Phoenix New Media Cl A ADR FENG 3.38 7.80 -56.7%
U.S. Xpress Enterprises Cl A USX 7.35 16.94 -56.6%
Genco Shipping&Trading GNK 8.71 20.07 -56.6%
SandRidge Mississippian Trust SDT 1.00 2.30 -56.5%
Bluegreen Vacations BXG 11.40 26.22 -56.5%
Laredo Petroleum LPI 5.09 11.68 -56.4%
Startek SRT 6.22 14.27 -56.4%
PG&E PCG 24.30 55.35 -56.1%
Pioneer Energy Services PES 2.79 6.35 -56.1%
Mohawk Industries MHK 126.35 286.85 -56.0%
Kronos Worldwide KRO 13.03 29.49 -55.8%
BBVA Banco Frances ADR BFR 12.13 27.45 -55.8%
Alexander&Baldwin ALEX 20.15 45.47 -55.7%
Aphria APHA 8.83 19.87 -55.6%
Corporacion America Airports CAAP 8.01 17.99 -55.5%
Kadmon Holdings KDMN 2.61 5.86 -55.5%
Orion Group Holdings ORN 4.38 9.83 -55.4%
Titan International TWI 6.48 14.53 -55.4%
Midstates Petroleum MPO 8.51 19.04 -55.3%
Danaos DAC 1.12 2.50 -55.2%
Ultrapar Participacoes ADR UGP 11.87 26.48 -55.2%
CBL&Associates Properties CBL 2.82 6.26 -55.0%
SandRidge Energy SD 9.92 21.90 -54.7%
ASE Technology Holding ADR ASX 3.63 8.00 -54.6%
Navios Maritime Partners NMM 1.19 2.62 -54.6%
Nabors Industries NBR 4.05 8.87 -54.3%
Pampa Energia ADR PAM 33.68 72.98 -53.9%
voxeljet ADR VJET 2.60 5.63 -53.8%
Installed Building Products IBP 36.67 79.40 -53.8%
Container Store Group TCS 5.75 12.42 -53.7%
LAIX ADR LAIX 7.65 16.50 -53.6%
OneSmart International Education Group ADR ONE 7.42 16.00 -53.6%
FTS International FTSI 10.51 22.60 -53.5%
L Brands LB 29.37 63.10 -53.5%
GNC Holdings Cl A GNC 2.97 6.38 -53.4%
Deutsche Bank DB 9.44 20.23 -53.3%
Zuora ZUO 17.66 37.78 -53.3%
Beazer Homes USA BZH 10.44 22.30 -53.2%
Emerald Expositions Events EEX 11.49 24.45 -53.0%
Vaalco Energy EGY 1.59 3.38 -53.0%
Kenon Holdings KEN 15.69 33.22 -52.8%
Kraton KRA 25.50 53.99 -52.8%
China Southern Airlines ADR ZNH 33.31 70.52 -52.8%
Stage Stores SSI 1.54 3.25 -52.6%
Colony Capital CLNY 5.96 12.54 -52.5%
Bitauto Holdings ADR BITA 18.80 39.54 -52.5%
Aluminum Corp. of China ADR ACH 9.23 19.41 -52.4%
Jianpu Technology ADR JT 4.53 9.49 -52.3%
Dean Foods DF 5.79 12.09 -52.1%
NCI Building Systems NCS 11.19 23.35 -52.1%
Ocwen Financial OCN 2.32 4.84 -52.1%
Hudbay Minerals HBM 4.94 10.25 -51.8%
Safe Bulkers SB 1.93 4.00 -51.8%
Herc Holdings HRI 35.22 72.99 -51.7%
British American Tobacco ADR BTI 34.59 71.44 -51.6%
C&J Energy Services CJ 17.71 36.57 -51.6%
MFC Bancorp MFCB 4.41 9.08 -51.4%
Select Energy Services Cl A WTTR 10.68 21.96 -51.4%
Coeur Mining CDE 4.35 8.94 -51.3%
Capital Senior Living CSU 8.14 16.72 -51.3%
Turkcell Iletisim Hizmetleri ADR TKC 5.50 11.29 -51.3%
LG Display ADR LPL 7.74 15.88 -51.3%
Talos Energy TALO 19.62 40.14 -51.1%
Blue Capital Reinsurance Holdings BCRH 6.50 13.28 -51.1%
GTT Communications GTT 30.69 62.32 -50.8%
Scorpio Tankers STNG 1.70 3.45 -50.7%
Nordic American Offshore NAO 0.70 1.42 -50.7%
Genesis Healthcare GEN 1.41 2.86 -50.7%
Vince Holding VNCE 11.95 24.19 -50.6%
Tetra Technologies TTI 2.53 5.11 -50.5%
Quad/Graphics QUAD 15.52 31.29 -50.4%
Sibanye-Stillwater ADR SBGL 2.70 5.44 -50.4%
Marriott Vacations Worldwide VAC 76.58 154.14 -50.3%
Hill International HIL 3.04 6.11 -50.2%
Tenneco TEN 32.67 65.59 -50.2%
GP Strategies GPX 13.35 26.80 -50.2%
California Resources CRC 25.10 50.34 -50.1%
Aurora Cannabis ACB 6.25 12.53 -50.1%
Greentree Hospitality Group ADR GHG 12.55 25.10 -50.0%
Five Point Holdings FPH 7.52 15.04 -50.0%
CooTek (Cayman) ADR CTK 5.80 11.58 -49.9%
Triumph Group TGI 15.98 31.90 -49.9%
New Oriental Education&Technology Group ADR EDU 54.54 108.40 -49.7%
Affiliated Managers Group AMG 109.37 217.00 -49.6%
CorePoint Lodging CPLG 14.27 28.30 -49.6%
SandRidge Mississippian Trust II SDR 1.01 2.00 -49.5%
Atento ATTO 5.28 10.45 -49.5%
Cooper-Standard Holdings CPS 74.23 146.78 -49.4%
Central Puerto ADR CEPU 9.71 19.20 -49.4%
China Yuchai International CYD 14.19 27.98 -49.3%
Cloudera CLDR 11.40 22.43 -49.2%
Alamos Gold AGI 3.58 7.04 -49.1%
LSC Communications LKSD 9.50 18.64 -49.0%
Semiconductor Manufacturing International ADR SMI 4.44 8.70 -49.0%
IAMGOLD IAG 3.34 6.52 -48.8%
Dycom Industries DY 63.55 123.99 -48.7%
Guangshen Railway ADR GSH 19.19 37.43 -48.7%
Vedanta ADR VEDL 11.29 21.99 -48.7%
Cheetah Mobile ADR CMCM 9.36 18.18 -48.5%
Lions Gate Entertainment Cl B LGFB 17.73 34.41 -48.5%
WageWorks WAGE 33.92 65.75 -48.4%
Encana ECA 7.39 14.31 -48.4%
Superior Energy Services SPN 6.57 12.72 -48.3%
Griffon GFF 12.41 23.95 -48.2%
Modine Manufacturing MOD 13.35 25.75 -48.2%
BlueLinx Holdings BXC 24.10 46.42 -48.1%
Entercom Communications Cl A ETM 6.46 12.43 -48.0%
MagnaChip Semiconductor MX 6.94 13.35 -48.0%
Aquantia AQ 9.62 18.49 -48.0%
RPC RES 14.09 27.07 -47.9%
AK Steel Holding AKS 3.54 6.80 -47.9%
Diplomat Pharmacy DPLO 14.97 28.74 -47.9%
International Game Technology IGT 16.15 31.00 -47.9%
HighPoint Resources HPR 3.96 7.60 -47.9%
Mechel ADR MTL 2.92 5.60 -47.9%
Micro Focus International ADR MFGP 18.79 36.02 -47.8%
e.l.f. Beauty ELF 12.45 23.85 -47.8%
Avianca Holdings ADR AVH 5.10 9.76 -47.7%
Avalara AVLR 31.06 59.40 -47.7%
BrightView Holdings BV 12.25 23.42 -47.7%
Arlo Technologies ARLO 12.45 23.77 -47.6%
INVESCO IVZ 20.13 38.43 -47.6%
Overseas Shipholding Group Cl A OSG 2.18 4.16 -47.6%
Owens Corning OC 50.64 96.52 -47.5%
Whiting Petroleum WLL 29.63 56.47 -47.5%
KB Home KBH 20.38 38.80 -47.5%
Xinyuan Real Estate ADR XIN 4.36 8.29 -47.4%
Alcoa AA 32.80 62.35 -47.4%
DHI Group DHX 1.71 3.25 -47.4%
GrubHub GRUB 78.59 149.35 -47.4%
Lions Gate Entertainment Cl A LGFA 19.21 36.48 -47.3%
Arcus Biosciences RCUS 11.66 22.10 -47.2%
Newfield Exploration NFX 18.58 35.20 -47.2%
EQGP Holdings EQGP 16.23 30.73 -47.2%
SYNNEX SNX 75.33 141.94 -46.9%
Oasis Petroleum OAS 7.74 14.57 -46.9%
WPP ADR WPP 55.06 103.53 -46.8%
Glatfelter GLT 12.70 23.85 -46.8%
STMicroelectronics STM 14.09 26.43 -46.7%
Pitney Bowes PBI 7.91 14.80 -46.6%
Olin OLN 20.81 38.84 -46.4%
Trecora Resources TREC 8.37 15.60 -46.3%
Natuzzi ADR NTZ 1.02 1.90 -46.3%
Abercrombie&Fitch ANF 15.96 29.69 -46.2%
Global Cord Blood CO 6.59 12.25 -46.2%
Buckeye Partners BPL 30.81 57.19 -46.1%
LCI Industries LCII 71.60 132.72 -46.1%
Chemours CC 29.48 54.62 -46.0%
Veoneer VNE 31.33 57.93 -45.9%
Chaparral Energy CHAP 13.99 25.85 -45.9%
EQT EQT 17.79 32.85 -45.8%
RE/MAX Holdings Cl A RMAX 33.24 61.27 -45.7%
Meritor MTOR 16.09 29.54 -45.5%
NGL Energy Partners NGL 9.63 17.65 -45.4%
Turquoise Hill Resources TRQ 1.96 3.59 -45.4%
Semgroup Cl A SEMG 16.90 30.95 -45.4%
StoneMor Partners STON 3.94 7.20 -45.3%
Hornbeck Offshore Services HOS 3.36 6.14 -45.3%
San Juan Basin Royalty Trust SJT 5.77 10.54 -45.3%
Copa Holdings Cl A CPA 77.41 141.34 -45.2%
Teekay Offshore Partners TOO 1.71 3.12 -45.2%
PagSeguro Digital PAGS 21.91 39.97 -45.2%
Jumei International Holding ADR JMEI 2.21 4.03 -45.2%
Summit Midstream Partners SMLP 12.59 22.95 -45.1%
Cincinnati Bell CBB 12.18 22.20 -45.1%
Constellium Cl A CSTM 7.74 14.10 -45.1%
Telecom Italia ADR TIA 5.27 9.60 -45.1%
GAIN Capital Holdings GCAP 7.28 13.26 -45.1%
TC PipeLines TCP 31.36 57.08 -45.1%
Telecom Italia ADR TI 6.20 11.28 -45.0%
Cemex ADR CX 4.68 8.51 -45.0%
Dominion Energy Midstream Partners DM 18.16 32.95 -44.9%
Briggs&Stratton BGG 15.08 27.34 -44.8%
Halliburton HAL 31.93 57.86 -44.8%
Vitamin Shoppe VSI 7.70 13.95 -44.8%
United States Steel X 26.30 47.64 -44.8%
ACCO Brands ACCO 8.09 14.63 -44.7%
3D Systems DDD 12.05 21.78 -44.7%
Teekay Tankers TNK 1.08 1.95 -44.6%
China Online Education Group ADR COE 7.97 14.39 -44.6%
Westwood Holdings Group WHG 39.18 70.71 -44.6%
Garrett Motion GTX 12.20 22.00 -44.5%
Gafisa ADR GFA 7.22 12.99 -44.4%
ELLIE MAE ELLI 65.07 116.90 -44.3%
Solaris Oilfield Infrastructure Cl A SOI 13.36 23.98 -44.3%
Luxoft Holding LXFT 32.90 59.05 -44.3%
Boise Cascade BCC 27.48 49.30 -44.3%
SeaDrill SDRL 14.91 26.72 -44.2%
Westlake Chemical WLK 69.39 124.30 -44.2%
Clearwater Paper CLW 28.25 50.60 -44.2%
NIO ADR NIO 7.71 13.80 -44.1%
Welbilt WBT 13.34 23.85 -44.1%
Hecla Mining HL 2.59 4.63 -44.1%
Studio City International Holdings ADR MSC 16.00 28.59 -44.0%
TimkenSteel TMST 11.33 20.24 -44.0%
Permianville Royalty Trust PVL 2.47 4.41 -44.0%
L.S. Starrett Cl A SCX 5.12 9.14 -44.0%
United Microelectronics ADR UMC 1.76 3.14 -43.9%
New Home NWHM 7.60 13.55 -43.9%
Floor&Decor Holdings Cl A FND 32.73 58.28 -43.8%
Pivotal Software PVTL 17.58 31.24 -43.7%
Kinross Gold KGC 2.69 4.78 -43.7%
Tupperware Brands TUP 37.29 66.26 -43.7%
Freeport-McMoRan FCX 11.41 20.25 -43.7%
Box Cl A BOX 16.80 29.79 -43.6%
LATAM Airlines Group ADR LTM 9.81 17.39 -43.6%
Telaria TLRA 2.99 5.30 -43.6%
Cedar Realty Trust CDR 3.55 6.29 -43.6%
Century Communities CCS 20.33 36.00 -43.5%
Trinseo TSE 48.20 85.35 -43.5%
Acorn International ADR ATV 21.95 38.86 -43.5%
Janus Henderson Group JHG 23.57 41.64 -43.4%
Carriage Services CSV 16.41 28.96 -43.3%
Tenet Healthcare THC 22.55 39.74 -43.3%
J.Jill JILL 5.46 9.62 -43.2%
YPF ADR YPF 15.19 26.70 -43.1%
Canopy Growth CGC 33.74 59.25 -43.1%
Huntsman HUN 20.58 36.09 -43.0%
Conduent CNDT 13.35 23.39 -42.9%
Enova International ENVA 22.27 39.00 -42.9%
Systemax SYX 27.27 47.75 -42.9%
Eagle Materials EXP 69.97 122.49 -42.9%
SunCoke Energy Partners SXCP 12.56 21.95 -42.8%
PPDAI Group ADR PPDF 6.19 10.81 -42.7%
Bridgepoint Education BPI 7.81 13.63 -42.7%
Ambev ADR ABEV 4.26 7.43 -42.7%
Yamana Gold AUY 2.18 3.80 -42.6%
Carvana Cl A CVNA 41.68 72.59 -42.6%
Rudolph Technologies RTEC 19.84 34.55 -42.6%
Medifast MED 150.83 260.98 -42.2%
Charah Solutions CHRA 6.94 12.00 -42.2%
Nexa Resources NEXA 12.50 21.61 -42.2%
Fortuna Silver Mines FSM 3.52 6.08 -42.1%
Macquarie Infrastructure MIC 39.28 67.84 -42.1%
Quintana Energy Services QES 6.18 10.67 -42.1%
CVR Refining CVRR 15.06 26.00 -42.1%
Keane Group FRAC 11.49 19.83 -42.1%
Ashford Hospitality Trust AHT 5.02 8.66 -42.0%
W&T Offshore WTI 5.73 9.88 -42.0%
Boyd Gaming BYD 23.46 40.44 -42.0%
Pure Storage Cl A PSTG 16.91 29.14 -42.0%
Teekay LNG Partners TGP 12.57 21.65 -41.9%
TopBuild BLD 50.68 87.21 -41.9%
James Hardie Industries ADR JHX 10.92 18.79 -41.9%
Veritiv VRTV 29.66 51.00 -41.8%
Community Health Systems CYH 3.70 6.36 -41.8%
Banco Bilbao Vizcaya Argentaria ADR BBVA 5.55 9.54 -41.8%
Chesapeake Energy CHK 3.26 5.60 -41.8%
Aspen Aerogels ASPN 3.25 5.58 -41.8%
Wayfair Cl A W 88.16 151.20 -41.7%
Diamond Offshore Drilling DO 12.79 21.92 -41.7%
Oil States International OIS 22.73 38.95 -41.6%
Wabash National WNC 15.49 26.54 -41.6%
LINE ADR LN 27.91 47.81 -41.6%
Banco Latinoamericano de Comercio Exterior Cl E BLX 17.81 30.50 -41.6%
EnLink Midstream ENLC 11.68 20.00 -41.6%
Yelp YELP 30.67 52.50 -41.6%
ADT ADT 7.61 13.02 -41.6%
Ardagh Group Cl A ARD 12.76 21.82 -41.5%
Fresh Del Monte Produce FDP 30.73 52.43 -41.4%
Taylor Morrison Home TMHC 16.66 28.42 -41.4%
Colfax CFX 24.68 42.08 -41.3%
Vectrus VEC 24.33 41.48 -41.3%
ManpowerGroup MAN 80.32 136.93 -41.3%
Eros International EROS 8.81 15.00 -41.3%
Biglari Holdings Cl A BHA 755.00 1,285.00 -41.2%
Fortune Brands Home&Security FBHS 43.29 73.62 -41.2%
Azure Power Global AZRE 10.65 18.10 -41.2%
Red Lion Hotels RLH 8.68 14.75 -41.2%
Oi Rt Wi OIBR$@ 0.59 1.00 -41.0%
IDT Cl B IDT 8.22 13.93 -41.0%
Aerohive Networks HIVE 3.84 6.50 -40.9%
Independence Contract Drilling ICD 3.24 5.48 -40.9%
Noble NE 4.40 7.44 -40.9%
Ryder System R 53.43 90.26 -40.8%
Moelis MC 40.05 67.65 -40.8%
United Rentals URI 113.00 190.74 -40.8%
Lennar Cl A LEN 42.78 72.17 -40.7%
ING Groep ADR ING 12.20 20.58 -40.7%
Safeguard Scientifics SFE 8.27 13.95 -40.7%
Schlumberger SLB 47.64 80.35 -40.7%
TAL Education Group ADR TAL 28.26 47.63 -40.7%
GrafTech International EAF 14.46 24.36 -40.6%
Foundation Building Materials FBM 9.75 16.40 -40.5%
American Axle&Manufacturing Holdings AXL 11.68 19.63 -40.5%
New Senior Investment Group SNR 5.29 8.89 -40.5%
Forestar Group FOR 15.73 26.39 -40.4%
Michael Kors Holdings KORS 45.30 75.96 -40.4%
Baker Hughes a GE BHGE 22.52 37.76 -40.4%
Lennar Cl B LENB 34.98 58.65 -40.4%
AutoNation AN 37.09 62.02 -40.2%
Controladora Vuela Compania de Aviacion ADR VLRS 6.00 10.03 -40.2%
MedEquities Realty Trust MRT 7.18 12.00 -40.2%
BWX Technologies BWXT 43.19 72.18 -40.2%
Credit Suisse Group ADR CS 11.96 19.98 -40.1%
China Life Insurance ADR LFC 10.56 17.64 -40.1%
Kosmos Energy KOS 5.84 9.75 -40.1%
Third Point Reinsurance TPRE 10.23 17.05 -40.0%
Legg Mason LM 28.28 47.13 -40.0%

No one knows what the total leverage in the stock market is. But we know comes in many forms and has surged over the years. The only form of stock market leverage that is reported monthly is the amount individual and institutional investors borrow from their brokers against their portfolios. This “margin debt” is subject to well-rehearsed margin calls. And apparently, they have kicked off. Read… Stock-Market Margin Debt Plunges Most Since Lehman Moment  
 

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  37 comments for “438 Stocks on the NYSE Have Already Plunged 40%-94% from 52-Week Highs

  1. Javert Chip
    Nov 23, 2018 at 12:42 am

    Wolf

    I’m not that current on what %age of listings are ADR (American Depository Receipts), but the list of 438 stocks contained 83 ADRs (19%). That strikes me as much higher proportion than what I would have guess the total ADR market share to be.

    Any thoughts?

    • Nov 23, 2018 at 12:56 am

      There are lot of foreign companies trading in the US, including a lot of Chinese companies. I don’t know what the overall percentage is, but I can imagine that among the plungers there might be a larger share of foreign companies, given that most foreign markets are down a lot more than US markets.

      • Pete in Toronto
        Nov 23, 2018 at 12:29 pm

        I recognized 14 names as Canadian. (Canadian shares can be inter-listed directly on both Canadian and U.S. exchanges without the requirement of an ADR wrapper. They can have different ticker symbols.)

        energy companies:
        Crescent Point Energy
        Baytex Energy
        Bellatrix Exploration
        Encana

        precious-metals producers:
        Eldorado Gold
        Alamos Gold
        IAMGOLD
        Kinross Gold
        Yamana Gold

        weed stocks:
        Aphria
        Aurora Cannabis

        base-metals miner (especially zinc):
        Hudbay Minerals

        specialty property-and-casualty insurer (motorcycles, high-risk drivers, etc.):
        Kingsway Financial Services

        satellite holding company formerly known as MacDonald Dettwiler and Associates:
        Maxar Technologies

      • Pete in Toronto
        Nov 23, 2018 at 12:38 pm

        Missed some:

        Turquoise Hill Resources
        Canopy Growth (WEED)
        Fortuna Silver

    • Javert Chip
      Nov 23, 2018 at 12:58 am

      Question #2:

      What does “CI A” and “CI B” after the name of a stock mean? In addition to ADR, a total of 35 stocks (8%) have one of these designations.

      • Eastwind
        Nov 23, 2018 at 3:06 am

        I’m gonna take a guess – in my font it looks like it’s not CI A and CI B but Cl A and Cl B (lower case L), and so I’m guessing that’s “class A” and “class B” shares.

        • Nov 23, 2018 at 9:26 am

          Yes, that’s correct. “Biglari Holdings Cl B”= “Biglari Holdings Inc. Class B”

      • Harvey Cotton
        Nov 23, 2018 at 3:07 am

        Class A or Class B stocks, with Class A usually meaning greater voting rights.

    • MC01
      Nov 23, 2018 at 4:47 am

      The NYSE presently lists about 2,400 companies, of which about 500 are ADR’s, meaning a little over 20%, so this is nothing out of the ordinary.

      If you want the most up to date list of ADR trading on the NYSE, here it is: https://www.nyse.com/publicdocs/nyse/data/CurListofallStocks.pdf
      Very informative stuff.

  2. Rowen
    Nov 23, 2018 at 12:59 am

    And I bet a lot of these companies reached their highs using repatriated earnings or debt to finance stock buy backs. Once they get hit with the double whammy of a global slowdown and higher interest rates…

    Corporate bankruptcy attorneys will be busy in 2020, that’s for sure.

  3. Gorbachev
    Nov 23, 2018 at 7:55 am

    Great list-good work.

    Now who has the best chance of survival and growth.

    I would start with debt levels.One or two might be

    worth a small bet.

  4. marion
    Nov 23, 2018 at 8:30 am

    In my (highly paid) profession there are recurring waves of retirement . They invariably happen at market peaks when all those professionals have a fat multimillion portfolio.
    And invariably quite a few of them get burnt in the following bear and have to go back to work (if they can).
    The rage right now is FIRE (financially independant, retire early).
    Which leads to a raging employment market in the profession.
    I read that as a market top/near top.

    • Nicko2
      Nov 23, 2018 at 8:52 am

      The FIRE ‘movement’ is a tragic-comedy. I suppose it speaks to the huge surge in wealth-inequity in the US (and most other developed nations today). The Reality is, only a very small percentage will succeed, I’d guess around 5%. The real lucky ones will have property, a government pension, property ect… or an executive job with fat rainy day funds in a safe haven somewhere sunny. Good luck to us all.

      • Nick
        Nov 23, 2018 at 9:21 am

        The FIRE folks that are making 100-400K a year from their respective FIRE blogs will weather the downturn best. Not sure about the rest of them…

  5. MASTER OF UNIVERSE
    Nov 23, 2018 at 9:40 am

    The Great Financial Crisis has now morphed into The Greater Financial Crisis.

    Yikes!

    If the whole system goes down I’m going to end up freezing up here in CANADA’s coldest capital of the world.

    I sure hope Global Warming comes to CANADA in January & February.

    GE & Deutsch Bank will finally be imploding now which is precedent setting IMHO.

    MOU

    • nick kelly
      Nov 23, 2018 at 10:10 am

      Before WWII, WWI was known as The Great War

    • Anon1970
      Nov 23, 2018 at 10:26 am

      Yes, Ottawa does get cold in the winter. But is it really colder than Moscow? The C$ isn’t doing so well either. My last Canada Pension Plan (CPP) benefit payment was actually less than it was 4 years earlier owing to a weak C$.

      Financial tip: If you only contributed a small amount to your CPP account many years ago because you moved abroad, you are still entitled to a monthly benefit when you reach retirement. But you have to apply for it. There is no minimum vesting period (e.g. 40 quarters of contributions as in the US). Google Canada Pension Plan benefits to start the process.

  6. Alex
    Nov 23, 2018 at 11:07 am

    With road shipping going crazy why is RoadRunner looking like a bankruptcy case?

  7. Petunia
    Nov 23, 2018 at 11:17 am

    They must all be down because they can’t find enough qualified workers.

  8. Gershon
    Nov 23, 2018 at 11:42 am

    Behold the “reverse wealth effect.” True price discovery, held at bay for ten years by QE, is now laying waste to the Everything Bubble created by Bernanke, Yellen, Draghi, Carney, et al.

  9. nick kelly
    Nov 23, 2018 at 11:45 am

    If this doesn’t cure the ‘buy the dip’ crowd you know you are talking to a cult. It also illustrates what a poor measure the Dow is of the broader economy.

    • HowNow
      Nov 23, 2018 at 2:08 pm

      The stock market is a “leading” indicator. The broader economy is coincident. We may be headed for s**t’s creek, but we’re not there yet.

    • nick kelly
      Nov 23, 2018 at 3:17 pm

      I should have said Dow versus broader market. The Dow 30 are holding up pretty well compared to this list.
      Moving on to the economy,I’m pretty sure a lot on this list have more employees per $ of market cap than the Dow 30.
      They must be planning layoffs soon.

  10. Nov 23, 2018 at 11:54 am

    Are you making the value case here? You should expect to hear more of that. The talking heads will be on rotation into beaten up shares. The justification is new QE, which lifts low flyers (GE?) disproportionately. The stock market narratives are many the market is big (lots of ADRs here) and liquidity is still sloshing around with nervous CBs with their finger on the keyboard.

    • Nov 23, 2018 at 1:28 pm

      A lot of these companies are going to default on their debts, which will entail a debt restructuring (in or outside of bankruptcy court) that may partially or totally wipe out shareholders. So the value proposition for stockholders is very iffy.

  11. Ididsa32
    Nov 23, 2018 at 12:35 pm

    Thanks for the data.

    It would also be interesting to get a similar data set on YTD (ie, Relative to Jan 2018) 40-90% losers.

    Also running these particular companies against YTD rather than 52 week high would be interesting to see as well.

    Thanks again….

  12. Paulo
    Nov 23, 2018 at 1:35 pm

    Schlumberger and Baker Hughes is a big wake up call as these are major support services for energy going forward. Reduced energy supplies indicates a real mess for manufacturing as this unfolds. We are already consuming oil at a rate 10X new discoveries, but thanks to the miracle of Shale, or should I say free money chasing yield, prices have collapsed and no one is making money.

    Some pretty wild swings in energy on the horizon as production lurches into one crisis after another. Yet Doofus is loudly proclaiming credit for low energy prices thanks to his realtionship with Saudi Arabia. Be careful what you wish for.

  13. Petunia
    Nov 23, 2018 at 2:44 pm

    It would be interesting to see how many jobs were shed by these companies so far, if the data correlation exists.

  14. 728huey
    Nov 23, 2018 at 5:30 pm

    Holy crap! Granted, most of these companies I have never heard of, but some of them most of us know from our childhood. GE is particularly disturbing if not surprising given Wolf’s excellent reporting on their financials. And JC Penney is sad yet not surprising given the state of brick and mortar retail. But Slumberger and Halliburton are some serious indicators plus ther are a couple of health care stocks I am familiar with based on my profession that should be raking in money head over fist, so it makes me wonder whether there’s some type of corruption going on. Yet there are a few of these former unicorns (Blue Apron, Grubhub) that should have never been valuated so high to begin with, particularly since there wasn’t any unique or high barrier for competitors to enter.

    • Gandalf
      Nov 24, 2018 at 8:16 am

      Corruption and overreaching CEO stupidity by one Wayne Smith are at the heart of the fall of Community Health System’s stock (CYH) from a high of $64.04 in July 2015 to a low of $2.62 on Oct 12 of this year.

      Smith took on a huge amount of debt to acquire Health Management Associates for $3.6 billion to become the largest for profit hospital chain in America. Problem was, the hospitals it acquired were already struggling and couldn’t support that debt.

      An earlier effort in 2011 to do a multibillion dollar hostile takeover of Tenet Healthcare resulted in Tenet reporting CHS to the Feds for Medicare overbilling violations. This ended with CHS paying a $95 million fine.

      CHS is also on the hook for a data breach/ hacking episode in 2014 of 4.5 million patient records – a similar HIPAA violation cost Anthem Blue Cross a $100 million settlement in class action lawsuits

      Google CHS and the list of lawsuits and corporate malfeasance and screwups is long and depressing. Even Microsoft has sued CHS for not paying up for its software

      CHS has been selling off its hospitals to pay down debt, and is now less than half the size it was at its peak in 2013, but continues to lose money. It will be interesting to see if it can survive its $14 billion debt load. The problem is that the only salable hospitals it has are the good performing ones and it increasingly is stuck with the bad money losers

      Like watching the Walking Dead

  15. Stephen Sadd
    Nov 23, 2018 at 5:48 pm

    Wow, look at all those energy and oil service companies!

  16. R cohn
    Nov 24, 2018 at 8:29 pm

    How many more stocks will be down a similar % when the Dow goes down another %20 or %30?

  17. Asaf Siton
    Nov 25, 2018 at 8:27 am

    This list is from the 52 weeks highs so it’s hard to understand how big this sell off is.

  18. Mean Chicken
    Nov 26, 2018 at 1:17 am

    “beneath the surface, there has been some serious bloodletting”

    I just noticed you just noticed that, lol. A pretty good example of how to lose your azz b/c many of them were grossly ovepriced by you guessed it, Wall Street courtesy cheap money from the FED in a large party cart with wooden wheels whizzing down the street.

  19. Wisdom Seeker
    Nov 26, 2018 at 5:01 pm

    Looks like I missed some great threads while on vacation last week! Fantastic articles and excellent commentary too. Glad to be back and especially glad to see this article. It’d be interesting to look at some kind of market-dispersion metric that tracks (over time) the fraction of stocks trading at various discounts to 52-week highs (or all-time highs). If I can find some time I’ll try to figure out how to do that…

Comments are closed.