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'True carnage': Stock-market selloff wipes $13 trillion in market cap off broad U.S. benchmark

Por: MarketWatch Business September 27, 2022

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See: They also found the average stock was down 41.7% from its 52-week high as of Monday’s close. That means the average stock would need to see a rally of 71.5% to get back to its high. “This is just true carnage in equities unlike anything we’ve seen since the Financial Crisis or the Dot Com bust,” the analysts wrote, referring to the bear market that accompanied the housing crisis in 2007-2009 and the bursting of the dot-com bubble in... + full article



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