Dow Jones Industrial Average ended 2018 in a negative area, which dropped nearly about 6%, marking its worst drops since the financial crisis in 2008.
In the Dow Jones Indexes, the 3 worst stocks are Goldman Sachs, IBM, and DowDuPont, which made a significant contribution to the fall of the entire average of Down in 2018.
Goldman Sachs fell 34% in 2018, the worst performer in the Dow. The volatility with turmoil in the financial markets, fears over recession of banking business, and doomed investment deal – 1MDB – are the main factors weighing on investor sentiment for Goldman. However, the bank has a tradition of bouncing back from adversity, though, so some see 2019 as a potentially strong year for the stock despite some of the macroeconomic threats to the industry.
The second-worst performer in the Dow decreased 26% for 2018. After struggling for years to produce sales gains, Big Blue has still failed to find the consistency that long-term shareholders have wanted to see from the tech giant.
Ranked the third position, the chemical giant DowDuPont was down 25%. Many investors investing in DowDuPont is a waiting game right now, as the newly merged company now expects to break itself up into three separate companies, including agricultural technology, materials science, and specialty products.