They call it the “January Effect.”
Whether it’s the by-product of those Wall Street guys reinvesting their year-end bonuses or individual investors jumping back into the market after selling for year-end tax reasons, the Dow Jones Industrial Average historically gets a nice little (and sometimes huge) bump during the first month of the year.
This January was no exception.
The Dow rallied up 415.35 points, or 3.4%, in January – the best January percentage gain since 1997.
But for some stocks, the year didn’t get off to a very auspicious start. Fortunately, there’s still plenty of time left this year to rebound.
Here’s an interactive slide show highlighting the 5 worst-performing Dow component stocks for January 2012.
Register or login for access to this item and much more
All On Wall Street content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access