A whopping 96% of the S&P 500's components are losing ground amid Thursday's stock market carnage. Of the 18 stocks seeing gains, only three have a market capitalization above the average of $77.1 billion. Meanwhile, the S&P 500 tumbled 3.9%, on track for the biggest selloff since it plummeted 5.9% on June 11, 2020. The top gainers were shares of EPAM Systems Inc. (EPAM), up 8.2%, and Albermarle Corp. (ALB), up 7.5%. The companies with the largest market caps seeing stock gains were AbbVie Inc. (ABBV), Booking Holdings Inc. (BKNG) and Charter Communications Inc. (CHTR). The biggest decliners were share of Etsy Inc. (ETSY), down 18.2%, and Cognizant Technology Solutions Corp. (CTSH), down 13.4%.
(END) Dow Jones Newswires
May 05, 2022 14:46 ET (18:46 GMT)
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