After an early-2016 swoon, the S&P 500 has now fully recovered and will likely finish Q1 up about 1 percent. However, not all stocks enjoyed such a nice bounce off of February lows.
Here are the five worst-performing stocks in the S&P 500 in Q1.
5. Regeneron Pharmaceuticals Inc REGN 3.24%
It doesn’t take long to identify the biotech theme in the 2016 worst performers list. The downfall of Valeant and the intense political and media scrutiny on drug pricing has put the biotech sector under tremendous pressure in recent months. Regeneron’s stock is down 33.7 percent in Q1.
4. ENSCO PLC ESV 2.6%
As the global oil market continues the bottoming and recovery phases of its cycle, stock performance in the space will likely continue to diverge. Top names will lead the recovery, while others that were crippled by the price collapse will be left behind. So far, ENSCO falls into that second category. Despite a bounce in oil prices, the stock is down 33.7 percent in Q1.
3. Williams Companies Inc WMB 3.37%
The huge spread between Williams’ share price it’s potential buyout price proposed by Energy Transfer Equity LP ETE 13.86% shows that the market is growing increasingly skeptical that the deal will go through. Wiliams’ stock is down 36.8 percent in Q1.
2. Vertex Pharmaceuticals Incorporated VRTX 1.22%
Vertex is…
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