Active Lifestyle Stocks Face Turbulence In 2022
January 4, 2023
The majority of stocks in the active lifestyle space took it on the chin in 2022 as broader stock markets in the U.S. saw their worst performance since the 2008 financial crisis.
All three of the major averages suffered their worst year since 2008 and snapped a three-year win streak. The Dow fared the best of the indexes in 2022, down 8.8 percent in 2022. The S&P 500 dropped 19.4 percent, and is more than 20 percent below its record high, while the tech-heavy Nasdaq tumbled 33.1 percent. SGB