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FinancePersonal Finance

Netflix, Coinbase, and Meta lead Wall Street’s biggest year-to-date losers list

By
Chris Morris
Chris Morris
Former Contributing Writer
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By
Chris Morris
Chris Morris
Former Contributing Writer
Down Arrow Button Icon
April 29, 2022, 12:20 PM ET
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Netflix, a Wall Street darling during the pandemic, is now one of the worst performing stocks of 2022 year to date.

The streaming service, which saw shares tank after it announced its first drop in subscribers in a decade, is down 67% year to date. And it’s hardly the only stock that’s seeing big losses.

Fortune looked at some of the biggest year-to-date declines on Wall Street, and many companies that saw big gains over the past two years are seeing a sharp reversal of fortunes in 2022. While this list does not reflect the biggest drops overall, it does illustrate just how severely this year’s market volatility has affected many once-high-flying companies.

All percentage changes are as of 11:30 a.m. ET on Friday.

Netflix

Year-to-date decline: -66.5%

What a $10,000 investment on Jan 3. is worth today: $3,350

Teladoc

Year-to-date decline: -64.3%

What a $10,000 investment on Jan. 3 is worth today: $3,570

Coinbase

Year-to-date decline: -51.5%

What a $10,000 investment on Jan. 3 is worth today: $4,950

Chewy

Year-to-date decline: -47.8%

What a $10,000 investment on Jan. 3 is worth today: $5,220

Virgin Galactic

Year-to-date decline: -41.8%

What a $10,000 investment on Jan. 3 is worth today: $5,820

AMC

Year-to-date decline: -41.4%

What a $10,000 investment on Jan. 3 is worth today: $5,860

Zoom

Year-to-date decline: -43.2%

What a $10,000 investment on Jan. 3 is worth today: $5,680

Meta

Year-to-date decline: -39%

What a $10,000 investment on Jan 3. is worth today: $6,100

Nvidia

Year-to-date decline: -35.6%

What a $10,000 investment on Jan. 3 is worth today: $6,340

Curious who the big winner is so far in 2022? That would be Peabody Energy, which is up over 111% this year. That $10,000 investment in January would now be worth $21,146.

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About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

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