In the past twelve months, one sector has underperformed all others, and that is Communication Services, down 25.13%. Within that sector one group of companies has significantly underperformed, and that is Internet Content and Information. Here’s a list of some of the worst performing stocks in Internet Content and Information.
What a difference 12 months makes!
Company – Underperformance %
Baidu Inc (BIDU) – Down 28.66%
Twitter Inc (TWTR) – Down 30.67%
Meta Platforms Inc (FB) – Down 40.47%
Tencent Holdings Ltd (TCEHY) – Down 44.29%
Match Group Inc (MTCH) – Down 44.79%
DoorDash Inc (DASH) – Down 44.97%
Prosos NV (PROSY) – Down 52.66%
Kuaishou Technology (KUASF) – Down 70.50%
Snap Inc (SNAP) – Down 74.30%
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