5 Worst-Performing S&P 500 Stocks Of 2015
It’s hard to believe that we’ve already reached the halfway mark of 2015. The stock market has certainly had its fair share of winners and losers during the past six months.
Here’s a look at the five worst-performing S&P 500 stocks during the first half of 2015. Editor's note: This story was written as of the July 1 closing price.
5. Michael Kors Holdings Ltd (NYSE: KORS): -42.6 percent
Weakness in the company’s watch business, a slowdown in North American traffic, forex headwinds and West Coast port disruptions were just some of the reasons Michael Kors has missed badly on 2015 earnings. While the S&P 500 has climbed more than 0.9 percent this year, Michael Kors stock has fallen more than 42 percent.
Related Link: 5 Best-Performing S&P 500 Stocks Of 2015
4. Keurig Green Mountain Inc (NASDAQ: GMCR): -43.1 percent
After making all-time highs in November of 2014, Keurig Green Mountain’s stock has been caught in a downdraft for most of 2015. A recent downgrade by UBS certainly didn’t help matters.
3. Chesapeake Energy Corporation (NYSE: CHK): -45.5 percent
Chesapeake continues to struggle following the collapse in oil and natural gas prices. After falling more than 22 percent in 2014, the company’s share price is down another 45 percent so far in 2015.
2. Micron Technology, Inc. (NASDAQ: MU): -46.3 percent
After leading the S&P 500’s charge in 2014 by gaining more than 61 percent, Micron has been hurting so far in 2015. Disappointing earnings have weighed heavily on Micron’s share price so far in 2015, and the stock has fallen more than 46 percent this year.
1. Windstream Holdings, Inc. (NASDAQ: WIN): -48.7 percent
Windstream shareholders are still dealing with the fallout from a reverse-split and a spin-off of a REIT earlier this year. Shares of the telecom company fell 19 percent in June alone and are now down 48.7 percent year-to-date, the worst performance in the entire S&P 500.
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