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As Apple Hits $2 Trillion, Which Stocks Are Headed the Other Direction?

Vladimirovic / iStock.com

Vladimirovic / iStock.com

U.S. businesses have not all weathered the current COVID-19 storm in the same way. For plenty of big corporations, the pandemic might actually have helped business — particularly those that have focused on remote delivery of goods and services. For countless others, though, the pandemic has been the sort of catastrophe that no CEO can really prepare for. To have the very nature of your business undermined by a crisis like this isn’t something you can plan for, and a number of companies are struggling in an environment where lockdown measures and a slowdown in travel cause huge disruptions in their business models.

So which companies are facing the toughest times? One way to gauge how a corporation is doing is to look at its stock market performance during the pandemic. GOBankingRates analyzed all of the components of the S&P 500 index, sourced from Barchart, and then used Google Finance market data to find the Jan. 2 closing price and Oct. 2 closing price for each component and determine which stocks suffered the greatest losses. Keep reading for a closer look at how far some stocks have fallen during the coronavirus.

Last updated: Oct. 19, 2020

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50. Howmet Aerospace Inc.

  • Stock price:
    • Jan. 2, 2020: $31.54
    • Oct. 2, 2020: $17.88
    • Price drop: 43.31%
  • Market cap:
    • Jan. 2, 2020: $13,755,918,680
    • Oct. 2, 2020: $7,798,218,960
    • Market value loss: $5.96 billion
James Steidl / Shutterstock.com

49. Huntington Ingalls Industries

  • Stock price:
    • Jan. 2, 2020: $255.85
    • Oct. 2, 2020: $144.13
    • Price drop: 43.67%
  • Market cap:
    • Jan. 2, 2020: $10,359,878,200
    • Oct. 2, 2020: $5,836,111,960
    • Market value loss: $4.52 billion
grandriver / iStock.com

48. Hess Corporation

  • Stock price:
    • Jan. 2, 2020: $67.72
    • Oct. 2, 2020: $37.71
    • Price drop: 44.31%
  • Market cap:
    • Jan. 2, 2020: $20,799,791,680
    • Oct. 2, 2020: $11,582,400,240
    • Market value loss: $9.22 billion
FilippoBacci / Getty Images

47. SL Green Realty Corporation

  • Stock price:
    • Jan. 2, 2020: $88.91
    • Oct. 2, 2020: $49.36
    • Price drop: 44.48%
  • Market cap:
    • Jan. 2, 2020: $6,512,746,410
    • Oct. 2, 2020: $3,615,669,360
    • Market value loss: $2.90 billion
August_0802 / Shutterstock.com

46. Under Armour Class A

  • Stock price:
    • Jan. 2, 2020: $21.78
    • Oct. 2, 2020: $12.06
    • Price drop: 44.63%
  • Market cap:
    • Jan. 2, 2020: $4,106,226,960
    • Oct. 2, 2020: $2,273,695,920
    • Market value loss: $1.83 billion
Vacclav / Shutterstock.com

45. Alaska Air Group

  • Stock price:
    • Jan. 2, 2020: $68.17
    • Oct. 2, 2020: $37.52
    • Price drop: 44.96%
  • Market cap:
    • Jan. 2, 2020: $8,428,538,800
    • Oct. 2, 2020: $4,638,972,800
    • Market value loss: $3.79 billion
Andrei Stanescu / Getty Images

44. Comerica Inc.

  • Stock price:
    • Jan. 2, 2020: $71.75
    • Oct. 2, 2020: $39.33
    • Price drop: 45.18%
  • Market cap:
    • Jan. 2, 2020: $9,976,048,250
    • Oct. 2, 2020: $5,468,403,870
    • Market value loss: $4.51 billion
Ian Tuttle / Getty Images for WIRED

43. Western Digital Corporation

  • Stock price:
    • Jan. 2, 2020: $65.62
    • Oct. 2, 2020: $35.96
    • Price drop: 45.20%
  • Market cap:
    • Jan. 2, 2020: $19,851,756,120
    • Oct. 2, 2020: $10,878,834,960
    • Market value loss: $8.97 billion
Sorbis / Shutterstock.com

42. Under Armour Class C

  • Stock price:
    • Jan. 2, 2020: $19.24
    • Oct. 2, 2020: $10.54
    • Price drop: 45.22%
  • Market cap:
    • Jan. 2, 2020: $4,454,156,200
    • Oct. 2, 2020: $2,440,062,700
    • Market value loss: $2.01 billion

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J.D. Maman / Shutterstock.com

41. M&T Bank Corporation

  • Stock price:
    • Jan. 2, 2020: $171.07
    • Oct. 2, 2020: $93.53
    • Price drop: 45.33%
  • Market cap:
    • Jan. 2, 2020: $21,944,859,600
    • Oct. 2, 2020: $11,998,028,400
    • Market value loss: $9.95 billion
Jonathan Weiss / Shutterstock.com

40. Lincoln National Corporation

  • Stock price:
    • Jan. 2, 2020: $59.75
    • Oct. 2, 2020: $32.64
    • Price drop: 45.37%
  • Market cap:
    • Jan. 2, 2020: $11,546,568,000
    • Oct. 2, 2020: $6,307,614,720
    • Market value loss: $5.24 billion
Evan El-Amin / Shutterstock.com

39. American International Group

  • Stock price:
    • Jan. 2, 2020: $51.76
    • Oct. 2, 2020: $28.22
    • Price drop: 45.48%
  • Market cap:
    • Jan. 2, 2020: $44,587,823,840
    • Oct. 2, 2020: $24,309,667,480
    • Market value loss: $20.28 billion
xavierarnau / iStock.com

38. Vornado Realty Trust

  • Stock price:
    • Jan. 2, 2020: $65.50
    • Oct. 2, 2020: $35.71
    • Price drop: 45.48%
  • Market cap:
    • Jan. 2, 2020: $12,520,390,500
    • Oct. 2, 2020: $6,826,002,210
    • Market value loss: $5.69 billion
Lerner Vadim / Shutterstock.com

37. Delta Air Lines Inc.

  • Stock price:
    • Jan. 2, 2020: $59.04
    • Oct. 2, 2020: $31.75
    • Price drop: 46.22%
  • Market cap:
    • Jan. 2, 2020: $37,659,077,280
    • Oct. 2, 2020: $20,251,959,750
    • Market value loss: $17.41 billion
Goran Bogicevic / Shutterstock.com

36. Citigroup Inc.

  • Stock price:
    • Jan. 2, 2020: $81.23
    • Oct. 2, 2020: $43.66
    • Price drop: 46.25%
  • Market cap:
    • Jan. 2, 2020: $169,109,893,950
    • Oct. 2, 2020: $90,894,225,900
    • Market value loss: $78.22 billion
zorazhuang / Getty Images

35. Flowserve Corporation

  • Stock price:
    • Jan. 2, 2020: $50.68
    • Oct. 2, 2020: $27.23
    • Price drop: 46.27%
  • Market cap:
    • Jan. 2, 2020: $6,596,508,800
    • Oct. 2, 2020: $3,544,256,800
    • Market value loss: $3.05 billion
Mike Simons / Getty Images

34. General Electric Company

  • Stock price:
    • Jan. 2, 2020: $11.93
    • Oct. 2, 2020: $6.39
    • Price drop: 46.44%
  • Market cap:
    • Jan. 2, 2020: $104,426,737,770
    • Oct. 2, 2020: $55,933,516,710
    • Market value loss: $48.49 billion
©Wikimedia Commons

33. Xerox Corporation

  • Stock price:
    • Jan. 2, 2020: $36.93
    • Oct. 2, 2020: $19.05
    • Price drop: 48.42%
  • Market cap:
    • Jan. 2, 2020: $7,866,607,020
    • Oct. 2, 2020: $4,057,916,700
    • Market value loss: $3.81 billion

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32. Wynn Resorts, Ltd.

  • Stock price:
    • Jan. 2, 2020: $143.60
    • Oct. 2, 2020: $73.20
    • Price drop: 49.03%
  • Market cap:
    • Jan. 2, 2020: $15,486,972,800
    • Oct. 2, 2020: $7,894,473,600
    • Market value loss: $7.59 billion
JHVEPhoto / Shutterstock.com

31. Conocophillips

  • Stock price:
    • Jan. 2, 2020: $65.46
    • Oct. 2, 2020: $33.07
    • Price drop: 49.48%
  • Market cap:
    • Jan. 2, 2020: $70,210,170,360
    • Oct. 2, 2020: $35,469,757,620
    • Market value loss: $34.74 billion
Maxene Huiyu / Shutterstock.com

30. Boeing Company

  • Stock price:
    • Jan. 2, 2020: $333.32
    • Oct. 2, 2020: $168.08
    • Price drop: 49.57%
  • Market cap:
    • Jan. 2, 2020: $188,142,140,680
    • Oct. 2, 2020: $94,872,587,920
    • Market value loss: $93.27 billion
ESB Professional / Shutterstock.com

29. Dxc Technology Company

  • Stock price:
    • Jan. 2, 2020: $36.76
    • Oct. 2, 2020: $18.36
    • Price drop: 50.05%
  • Market cap:
    • Jan. 2, 2020: $9,344,208,200
    • Oct. 2, 2020: $4,667,020,200
    • Market value loss: $4.68 billion
©Shutterstock.com

28. Concho Resources Inc.

  • Stock price:
    • Jan. 2, 2020: $86.95
    • Oct. 2, 2020: $43.07
    • Price drop: 50.47%
  • Market cap:
    • Jan. 2, 2020: $17,103,673,650
    • Oct. 2, 2020: $8,472,170,490
    • Market value loss: $8.63 billion
baona / Getty Images/iStockphoto

27. Baker Hughes, A GE Company, Cl A

  • Stock price:
    • Jan. 2, 2020: $25.61
    • Oct. 2, 2020: $12.65
    • Price drop: 50.61%
  • Market cap:
    • Jan. 2, 2020: $16,624,475,400
    • Oct. 2, 2020: $8,211,621,000
    • Market value loss: $8.41 billion
NAN728 / Shutterstock.com

26. Royal Caribbean Cruises, Ltd.

  • Stock price:
    • Jan. 2, 2020: $134.65
    • Oct. 2, 2020: $65.26
    • Price drop: 51.53%
  • Market cap:
    • Jan. 2, 2020: $28,905,046,200
    • Oct. 2, 2020: $14,009,233,680
    • Market value loss: $14.90 billion
Jonathan Weiss / Shutterstock.com

25. Simon Property Group

  • Stock price:
    • Jan. 2, 2020: $145.09
    • Oct. 2, 2020: $68.20
    • Price drop: 52.99%
  • Market cap:
    • Jan. 2, 2020: $44,381,144,830
    • Oct. 2, 2020: $20,861,493,400
    • Market value loss: $23.52 billion
Harry Green / Shutterstock.com

24. Exxon Mobil Corporation

  • Stock price:
    • Jan. 2, 2020: $70.90
    • Oct. 2, 2020: $32.98
    • Price drop: 53.48%
  • Market cap:
    • Jan. 2, 2020: $299,781,719,700
    • Oct. 2, 2020: $139,447,124,340
    • Market value loss: $160.33 billion

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hkhtt hj / Shutterstock.com

23. Halliburton Company

  • Stock price:
    • Jan. 2, 2020: $24.68
    • Oct. 2, 2020: $11.31
    • Price drop: 54.17%
  • Market cap:
    • Jan. 2, 2020: $21,680,639,600
    • Oct. 2, 2020: $9,935,495,700
    • Market value loss: $11.75 billion
Jonathan Weiss / Shutterstock.com

22. Marathon Petroleum Corporation

  • Stock price:
    • Jan. 2, 2020: $61.91
    • Oct. 2, 2020: $28.27
    • Price drop: 54.34%
  • Market cap:
    • Jan. 2, 2020: $40,284,527,450
    • Oct. 2, 2020: $18,395,147,650
    • Market value loss: $21.89 billion
Jonathan Weiss / Shutterstock.com

21. Phillips 66

  • Stock price:
    • Jan. 2, 2020: $112.20
    • Oct. 2, 2020: $51.06
    • Price drop: 54.49%
  • Market cap:
    • Jan. 2, 2020: $48,997,403,400
    • Oct. 2, 2020: $22,297,748,820
    • Market value loss: $26.70 billion
Cassiohabib / Shutterstock.com

20. American Airlines Group

  • Stock price:
    • Jan. 2, 2020: $29.09
    • Oct. 2, 2020: $13.00
    • Price drop: 55.31%
  • Market cap:
    • Jan. 2, 2020: $14,794,068,580
    • Oct. 2, 2020: $6,611,306,000
    • Market value loss: $8.18 billion
Kristi Blokhin / Shutterstock.com

19. Wells Fargo & Company

  • Stock price:
    • Jan. 2, 2020: $53.75
    • Oct. 2, 2020: $23.99
    • Price drop: 55.37%
  • Market cap:
    • Jan. 2, 2020: $221,452,526,250
    • Oct. 2, 2020: $98,839,927,530
    • Market value loss: $122.61 billion
Andrei Stanescu / Getty Images

18. Valero Energy Corporation

  • Stock price:
    • Jan. 2, 2020: $95.13
    • Oct. 2, 2020: $40.73
    • Price drop: 57.18%
  • Market cap:
    • Jan. 2, 2020: $38,789,923,410
    • Oct. 2, 2020: $16,607,942,610
    • Market value loss: $22.18 billion
©Shutterstock.com

17. EOG Resources

  • Stock price:
    • Jan. 2, 2020: $84.14
    • Oct. 2, 2020: $34.81
    • Price drop: 58.63%
  • Market cap:
    • Jan. 2, 2020: $48,990,010,160
    • Oct. 2, 2020: $20,267,913,640
    • Market value loss: $28.72 billion
Felipe Sanchez / Shutterstock.com

16. Kohl’s Corporation

  • Stock price:
    • Jan. 2, 2020: $49.11
    • Oct. 2, 2020: $19.96
    • Price drop: 59.36%
  • Market cap:
    • Jan. 2, 2020: $7,748,330,250
    • Oct. 2, 2020: $3,149,189,000
    • Market value loss: $4.60 billion
Matheus Obst / Shutterstock.com

15. United Airlines Holdings Inc.

  • Stock price:
    • Jan. 2, 2020: $89.74
    • Oct. 2, 2020: $36.01
    • Price drop: 59.87%
  • Market cap:
    • Jan. 2, 2020: $26,112,904,160
    • Oct. 2, 2020: $10,478,333,840
    • Market value loss: $15.63 billion

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AdrianHancu / Getty Images

14. Schlumberger N.V.

  • Stock price:
    • Jan. 2, 2020: $40.17
    • Oct. 2, 2020: $15.57
    • Price drop: 61.24%
  • Market cap:
    • Jan. 2, 2020: $55,760,057,340
    • Oct. 2, 2020: $21,612,748,140
    • Market value loss: $34.15 billion
sasacvetkovic33 / Getty Images/iStockphoto

13. Apache Corporation

  • Stock price: 
    • Jan. 2, 2020: $25.36
    • Oct. 2, 2020: $9.74
    • Price drop: 61.59%
  • Market cap:
    • Jan. 2, 2020: $9,572,360,240
    • Oct. 2, 2020: $3,676,450,660
    • Market value loss: $5.90 billion
zorazhuang / Getty Images/iStockphoto

12. HollyFrontier Corporation

  • Stock price:
    • Jan. 2, 2020: $51.39
    • Oct. 2, 2020: $19.60
    • Price drop: 61.86%
  • Market cap:
    • Jan. 2, 2020: $8,325,950,850
    • Oct. 2, 2020: $3,175,494,000
    • Market value loss: $5.15 billion
©Shutterstock.com

11. Devon Energy Corporation

  • Stock price:
    • Jan. 2, 2020: $25.79
    • Oct. 2, 2020: $9.60
    • Price drop: 62.78%
  • Market cap:
    • Jan. 2, 2020: $9,867,434,530
    • Oct. 2, 2020: $3,673,027,200
    • Market value loss: $6.19 billion
User2547783c_812 / Getty Images/iStockphoto

10. Noble Energy Inc.

  • Stock price:
    • Jan. 2, 2020: $24.13
    • Oct. 2, 2020: $8.46
    • Price drop: 64.94%
  • Market cap:
    • Jan. 2, 2020: $11,694,604,500
    • Oct. 2, 2020: $4,100,139,000
    • Market value loss: $7.59 billion
©Shutterstock.com

9. ONEOK Inc.

  • Stock price:
    • Jan. 2, 2020: $75.71
    • Oct. 2, 2020: $26.53
    • Price drop: 64.96%
  • Market cap:
    • Jan. 2, 2020: $33,630,533,420
    • Oct. 2, 2020: $11,784,679,060
    • Market value loss: $21.85 billion
InStock / Getty Images/iStockphoto

8. National Oilwell Varco

  • Stock price:
    • Jan. 2, 2020: $25.26
    • Oct. 2, 2020: $8.70
    • Price drop: 65.56%
  • Market cap:
    • Jan. 2, 2020: $9,808,053,840
    • Oct. 2, 2020: $3,378,070,800
    • Market value loss: $6.43 billion
Vladimirovic / iStock.com

7. Diamondback Energy

  • Stock price:
    • Jan. 2, 2020: $92.65
    • Oct. 2, 2020: $30.47
    • Price drop: 67.11%
  • Market cap:
    • Jan. 2, 2020: $14,622,393,600
    • Oct. 2, 2020: $4,808,897,280
    • Market value loss: $9.81 billion
Oil and Gas Photographer / Shutterstock.com

6. Marathon Oil Corporation

  • Stock price:
    • Jan. 2, 2020: $13.68
    • Oct. 2, 2020: $4.12
    • Price drop: 69.88%
  • Market cap:
    • Jan. 2, 2020: $10,799,525,520
    • Oct. 2, 2020: $3,252,488,680
    • Market value loss: $7.55 billion
Richard McMillin / iStock.com

5. TechnipFMC plc

  • Stock price:
    • Jan. 2, 2020: $21.33
    • Oct. 2, 2020: $6.38
    • Price drop: 70.09%
  • Market cap:
    • Jan. 2, 2020: $9,584,251,560
    • Oct. 2, 2020: $2,866,738,160
    • Market value loss: $6.72 billion
Joel Carillet / Getty Images

4. Carnival Corporation

  • Stock price:
    • Jan. 2, 2020: $51.31
    • Oct. 2, 2020: $15.16
    • Price drop: 70.45%
  • Market cap:
    • Jan. 2, 2020: $30,820,018,530
    • Oct. 2, 2020: $9,106,051,080
    • Market value loss: $21.71 billion
©Michel Verdure

3. Norwegian Cruise Line Holdings Ltd.

  • Stock price:
    • Jan. 2, 2020: $58.83
    • Oct. 2, 2020: $17.27
    • Price drop: 70.64%
  • Market cap:
    • Jan. 2, 2020: $16,214,665,770
    • Oct. 2, 2020: $4,759,940,130
    • Market value loss: $11.45 billion
Konektus Photo / Shutterstock.com

2. Coty Inc.

  • Stock price:
    • Jan. 2, 2020: $11.05
    • Oct. 2, 2020: $2.91
    • Price drop: 73.67%
  • Market cap:
    • Jan. 2, 2020: $8,454,653,350
    • Oct. 2, 2020: $2,226,519,570
    • Market value loss: $6.23 billion
Jay L. Clendenin / Los Angeles Times via Getty Imag

1. Occidental Petroleum Corporation

  • Stock price:
    • Jan. 2, 2020: $42.58
    • Oct. 2, 2020: $9.87
    • Price drop: 76.82%
  • Market cap:
    • Jan. 2, 2020: $39,605,446,360
    • Oct. 2, 2020: $9,180,501,540
    • Market value loss: $30.42 billion

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Please note photos are for illustrative purposes only. As a result, some of the photos might not precisely reflect the companies listed in this article.