The S&P 500 delivered one of its surprising years in recent history in 2020, gaining more than 15%. Most U.S. investors had a lot of winners in their portfolios this year, but some stocks certainly performed better than others.
Here’s a look at the 10 worst-performing stocks in the entire S&P 500 in 2019, as of the Dec. 29 closing price.
Occidental Petroleum Corporation (NYSE: OXY)
Investors will notice a common theme among these worst-performing stocks. Travel restrictions and economic shutdowns crushed oil industry demand and oil stocks in 2020, and Occidental was the hardest-hit in the group. The stock dropped 57.7% in 2020, more than any other S&P 500 stock.
Carnival Corp (NYSE: CCL)
The travel and leisure industries have been hit nearly as …