Stock Market Crash: 14 Stocks Already Affected, S&P 500 in Danger

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Source: Investor's Business Daily
Stock Market Crash: 14 Stocks Already Affected, S&P 500 in Danger
Photo: Investor's Business Daily
TL;DR Summary

Fourteen S&P 500 stocks, including SolarEdge Technologies, Enphase Energy, and Moderna, have crashed 50% or more from their highest levels in 52 weeks, indicating that the market's troubles are largely masked by the indexes. The stock market is suffering as higher inflation eats into returns and interest rates attract investors seeking safer returns. Additionally, October is historically known for stock market crashes, and several leading stocks, such as Apple and Alphabet, are already in correction territory. Solar stocks, including SolarEdge and Enphase Energy, have been hit hard, despite expected growth in profits. Other S&P 500 stocks, such as Moderna, are also experiencing significant declines.

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