15 Worst-Performing Stocks in Q1, 2023: Morningstar

The S&P 500, which had its best January since 2019, overcame strong turbulence and finished up about 7% in the first quarter of 2023. However, not all corners of the market enjoyed success. At the end of the first quarter, 319 of the 844 U.S.-listed stocks covered by Morningstar analysts declined, compared with the 608 stocks that did so throughout 2022. Nearly 30 fell by more than 20%. Companies in several industries were among the losers. Regional banks took a drubbing after the collapse of Silicon Valley Bank and Signature Bank. This development had knock-on effects on real estate investment trusts because of fears of a potential credit crunch and related negative macroeconomic implications. See the gallery for the 15 worst-performing stock returns in the first quarter of 2023. (Image: Adobe Stock)