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The changing of the year to 2023 has brought with it a change in market leadership. Nearly across the board, the most beaten-up stocks of last year have rebounded strongly this year, while 2022’s biggest winners have shed value so far in 2023. But there are a few names that stand out for breaking that pattern.
Among the worst-performing
S&P 500
stocks so far in 2023 is
Enphase Energy
(ENPH), down about 20%. But that’s after a 45% rise in 2022. Northrop Grumman (NOC) is down 15% this year and following a 43% gain last year.
APA
(
APA
) has slid 12% year to date after soaring 77% in 2022.
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