15 Worst-Performing Stocks in Q1, 2023: Morningstar

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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)

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