Following Russian President Vladimir Putin’s change of tone from confusing claims about threats to his country to a full-scale invasion of Ukraine, U.S. stocks suffered significant declines in early trading on Feb. 24.
Read: Putin warns U.S. and NATO to stay on sidelines as Russia attacks Ukraine
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The Dow Jones Industrial Average
DJIA,
-1.67%
fell 743 points (or 2.2%) in the first minutes of trading. The Dow was down 12.4% from its all-time intraday high set on Jan. 5. A list of price changes for all 30 Dow components is below. -
The S&P 500
SPX,
-0.74%
slipped 2.2% and was down 14.2% from its intraday high on Jan. 4. -
The Nasdaq Composite Index
COMP,
+0.23%
fell 2.6% and was down 21.6% from its intraday high on Nov 22. -
The Nasdaq-100 Index
NDX,
+0.31%
was off 2.3% and down 21.3% from its intraday high on Nov. 22. -
The price of West Texas crude oil front-month contracts
CL.1,
+4.71%
rose 6.4% to $97.99 a barrel.
Commodities pop: Oil and gas stocks surge as Russia’s invasion of Ukraine sends crude futures to multiyear high
Worst S&P 500 performers
In the first minutes of trading, 93% of the S&P 500 were down, with 71 stocks having fallen 4% or more. Here are the 20 stocks in the benchmark index showing the biggest declines early in the trading session:
Company | Ticker | Price change – Feb. 24 | Price change – 2022 | Decline from 52-week high | Date of 52-week intraday high |
EPAM Systems Inc. | EPAM | -16.3% | -47.6% | -51.8% | 11/05/2021 |
NetApp Inc. |
NTAP, |
-12.0% | -19.6% | -23.6% | 01/14/2022 |
Booking Holdings Inc. |
BKNG, |
-11.5% | -8.9% | -19.5% | 02/16/2022 |
Discovery Inc. Class A |
DISCA, |
-9.8% | 8.1% | -67.4% | 03/19/2021 |
Norwegian Cruise Line Holdings Ltd. |
NCLH, |
-8.3% | -14.7% | -48.7% | 03/04/2021 |
Ebay Inc. |
EBAY, |
-8.2% | -24.7% | -38.3% | 10/22/2021 |
Expedia Group Inc. |
EXPE, |
-7.2% | 2.0% | -15.4% | 02/16/2022 |
Bath & Body Works Inc. |
BBWI, |
-6.8% | -32.8% | -42.8% | 11/18/2021 |
Carnival Corp. |
CCL, |
-6.8% | -6.4% | -40.2% | 06/08/2021 |
United Airlines Holdings Inc. |
UAL, |
-6.5% | -6.4% | -35.7% | 03/18/2021 |
Arista Networks Inc. |
ANET, |
-6.5% | -23.1% | -25.6% | 12/27/2021 |
Albemarle Corp. |
ALB, |
-6.3% | -27.1% | -41.5% | 11/22/2021 |
American Airlines Group Inc. |
AAL, |
-6.2% | -13.1% | -40.2% | 03/18/2021 |
Alaska Air Group Inc. |
ALK, |
-5.9% | 0.8% | -29.3% | 04/07/2021 |
Delta Air Lines Inc. |
DAL, |
-5.9% | -3.3% | -27.7% | 03/15/2021 |
SVB Financial Group |
SIVB, |
-5.9% | -18.8% | -27.8% | 11/16/2021 |
Signature Bank |
SBNY, |
-5.9% | -3.5% | -16.7% | 01/18/2022 |
Ford Motor Co. |
F, |
-5.5% | -22.9% | -38.1% | 01/13/2022 |
Zions BanCorp. N.A. |
ZION, |
-5.5% | 4.3% | -12.7% | 02/10/2022 |
Royal Caribbean Group |
RCL, |
-5.4% | -1.5% | -23.7% | 02/25/2021 |
You can click on the tickers for more about each company.
Click here Tomi Kilgore’s detailed guide to the wealth of information available for free on the MarketWatch quote page.
Nasdaq-100
The Nasdaq-100 Index includes the 100 largest stocks in the full Nasdaq Composite Index, excluding those in the financial sector. Here are the 10 worst performers among the Nasdaq-100 in the first few minutes of trading on Feb. 24:
Company | Ticker | Price change – Feb. 24 | Price change – 2022 | Decline from 52-week high | Date of 52-week intraday high |
Booking Holdings Inc. |
BKNG, |
-11.1% | -8.5% | -19.1% | 02/16/2022 |
Ebay Inc. |
EBAY, |
-8.7% | -25.0% | -38.6% | 10/22/2021 |
Tesla Inc. |
TSLA, |
-6.6% | -32.5% | -42.6% | 11/04/2021 |
Pinduoduo Inc. ADR Class A |
PDD, |
-5.8% | -16.3% | -74.1% | 02/23/2021 |
DocuSign Inc. |
DOCU, |
-5.1% | -33.7% | -67.9% | 08/10/2021 |
Airbnb Inc. Class A |
ABNB, |
-4.9% | -14.3% | -33.8% | 03/16/2021 |
Ansys Inc. |
ANSS, |
-4.8% | -29.5% | -31.7% | 11/05/2021 |
Lucid Group Inc. |
LCID, |
-4.5% | -39.9% | -60.4% | 11/17/2021 |
PayPal Holdings Inc. |
PYPL, |
-4.5% | -49.0% | -69.0% | 07/26/2021 |
Microchip Technology Inc. |
MCHP, |
-4.2% | -22.6% | -25.2% | 12/28/2021 |
Source: FactSet |
The Dow
All 30 stocks in the Dow Jones Industrial Average performed were down in the first minutes of trading on Feb. 24:
Company | Ticker | Price change – Feb. 24 | Price change – 2022 | Decline from 52-week high | Date of 52-week intraday high |
American Express Co. | AXP | -4.7% | 10.1% | -9.7% | 02/16/2022 |
JPMorgan Chase & Co. |
JPM, |
-4.5% | -10.3% | -17.9% | 10/25/2021 |
Boeing Co. |
BA, |
-4.0% | -6.3% | -32.3% | 03/15/2021 |
Goldman Sachs Group Inc. |
GS, |
-3.8% | -14.2% | -23.0% | 11/02/2021 |
Apple Inc. |
AAPL, |
-3.6% | -13.1% | -15.6% | 01/04/2022 |
Visa Inc. Class A |
V, |
-3.4% | -3.8% | -17.5% | 07/27/2021 |
Dow Inc. |
DOW, |
-3.3% | 2.2% | -18.8% | 05/18/2021 |
Caterpillar Inc. |
CAT, |
-3.1% | -12.5% | -26.7% | 06/04/2021 |
Travelers Cos. Inc. |
TRV, |
-3.1% | 5.4% | -5.5% | 02/10/2022 |
Walt Disney Co. |
DIS, |
-2.7% | -8.4% | -30.1% | 03/08/2021 |
UnitedHealth Group Inc. |
UNH, |
-2.6% | -10.9% | -12.1% | 12/30/2021 |
Coca-Cola Co. |
KO, |
-2.4% | 1.5% | -4.3% | 02/18/2022 |
International Business Machines Corp. |
IBM, |
-2.4% | -10.8% | -18.3% | 06/10/2021 |
Nike Inc. Class B |
NKE, |
-2.2% | -19.7% | -25.3% | 11/05/2021 |
3M Co. |
MMM, |
-2.2% | -20.5% | -32.4% | 05/10/2021 |
Honeywell International Inc. |
HON, |
-2.1% | -16.0% | -26.1% | 08/02/2021 |
McDonald’s Corp. |
MCD, |
-2.0% | -9.4% | -10.5% | 01/04/2022 |
Intel Corp. |
INTC, |
-1.9% | -15.0% | -36.1% | 04/12/2021 |
Walgreens Boots Alliance Inc. |
WBA, |
-1.9% | -14.5% | -21.9% | 04/06/2021 |
Microsoft Corp. |
MSFT, |
-1.8% | -18.2% | -21.3% | 11/22/2021 |
Cisco Systems Inc. |
CSCO, |
-1.8% | -15.6% | -16.8% | 12/29/2021 |
Home Depot Inc. |
HD, |
-1.5% | -26.8% | -27.7% | 12/06/2021 |
Johnson & Johnson |
JNJ, |
-1.4% | -7.0% | -11.6% | 08/20/2021 |
Merck & Co. Inc. |
MRK, |
-1.4% | -2.4% | -18.2% | 11/04/2021 |
Verizon Communications Inc. |
VZ, |
-1.2% | 1.5% | -11.9% | 05/10/2021 |
Amgen Inc. |
AMGN, |
-1.2% | -3.0% | -16.4% | 04/21/2021 |
Procter & Gamble Co. |
PG, |
-1.1% | -5.7% | -6.7% | 01/21/2022 |
Walmart Inc. |
WMT, |
-0.6% | -7.2% | -12.0% | 08/18/2021 |
Chevron Corp. |
CVX, |
-0.3% | 15.2% | -3.1% | 02/11/2022 |
Salesforce.com Inc. |
CRM, |
-0.2% | -25.1% | -39.0% | 11/09/2021 |
Source: FactSetv |
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