Is It Time to Buy the S&P 500's 3 Worst-Performing January Stocks?
January was a tough one for investors, with the S&P 500 (SNPINDEX: ^GSPC) losing a little more than 5.2% of its value. That sell-off marks the worst month for the market since March of 2020 when stocks plummeted as the COVID-19 pandemic was declared.
Many of the stocks that make up the index saw share prices fall much more. The worst of the worst were Netflix (NASDAQ: NFLX), EPAM Systems (NYSE: EPAM), and Moderna (NASDAQ: MRNA). The first two names tumbled 29% last month, while Moderna shares ended January more than 33% lower. The vaccine trade has clearly lost its luster.
MRNA data by YCharts
Source Fool.com
