This Is the Worst-Performing S&P 500 Stock of the Year. Here's Why It Could Be a Screaming Buy
We're nearly at the midway point of the year, and the S&P 500 is essentially flat through June 17, up just 1.7%. The broad market index nearly entered a bear market in April, following the announcement of the "Liberation Day' tariffs, but has rallied back since then to recoup those losses.However, not every stock on the index has been a winner. In fact, one popular footwear stock is down nearly 50% for the year through June 17.Continue reading
We're nearly at the midway point of the year, and the S&P 500 is essentially flat through June 17, up just 1.7%.
The broad market index nearly entered a bear market in April, following the announcement of the "Liberation Day' tariffs, but has rallied back since then to recoup those losses.
However, not every stock on the index has been a winner. In fact, one popular footwear stock is down nearly 50% for the year through June 17.
