U.S. stocks rebounded Dec. 2 with a bounce into the close from a widespread wipeout the day before. Investors were eager to buy the dip, as you can see from the list below.
On Dec. 2, the Dow Jones Industrial Average DJIA, +1.82% rose 1.8%, reversing its 1.3% slide the previous day. The benchmark S&P 500 Index SPX, +1.42% climbed 1.4%, following the previous session’s 1.2% slide. And the Nasdaq Composite Index COMP, +0.83% was up 0.8%, partially making up for the previous day’s 1.8% decline.
On Dec. 2, 82% of S&P 500 stocks rose at least 1%, after 57% had fallen at least that much the day before.
Here’s a breakdown of percentage declines for the S&P 500 on Dec. 1:
| Percentage decline Dec. 1 | Number of stocks |
| 10% or more | 2 |
| 5.0% to 9.99% | 15 |
| 3.0% to 4.99% | 52 |
| 1.0% to 2.99% | 216 |
| Source: FactSet | |
And here’s a breakdown of percentage increases for Dec. 2:
| Percentage increase Dec. 2 | Number of stocks |
| 10% or ore | 1 |
| 5.0% to 9.99% | 36 |
| 3.0% to 4.99% | 151 |
| 1.0% to 2.99% | 220 |
| Source: FactSet | |
Investors rush in
For the following list, we rounded up to 5%. Among the S&P 500, 21 stocks fell at least 5% on Dec. 1, and 12 bounced back at least that much Dec. 2. The list is sorted by the Dec. 1 declines:
| Company | Ticker | Price decline – Dec. 1 | Price change – Dec. 2 | Price change – 2021 |
| Moderna Inc. | MRNA, -2.94% | -11.9% | -2.9% | 188.6% |
| salesforce.com Inc. | CRM, +3.86% | -11.7% | 3.9% | 17.4% |
| Norwegian Cruise Line Holdings Ltd. | NCLH, +7.70% | -8.8% | 7.7% | -24.7% |
| Fortinet Inc. | FTNT, +2.57% | -8.1% | 2.6% | 110.8% |
| American Airlines Group Inc. | AAL, +7.00% | -8.0% | 7.0% | 10.5% |
| Royal Caribbean Group | RCL, +7.17% | -7.9% | 7.2% | -7.8% |
| Caesars Entertainment Inc. | CZR, +8.38% | -7.8% | 8.4% | 21.2% |
| United Airlines Holdings Inc. | UAL, +6.61% | -7.6% | 6.6% | -3.7% |
| ServiceNow Inc. | NOW, +3.97% | -7.4% | 4.0% | 13.3% |
| Delta Air Lines Inc. | DAL, +9.28% | -7.4% | 9.3% | -8.9% |
| Carnival Corp. | CCL, +9.22% | -7.0% | 9.2% | -17.4% |
| Penn National Gaming Inc. | PENN, +5.01% | -6.6% | 5.0% | -41.8% |
| Wynn Resorts Ltd. | WYNN | -6.1% | 8.2% | -27.1% |
| Advanced Micro Devices Inc. | AMD, +1.05% | -5.8% | 1.1% | 64.3% |
| Etsy Inc. | ETSY, -3.75% | -5.6% | -3.7% | 40.3% |
| CF Industries Holdings Inc. | CF, +3.51% | -5.4% | 3.5% | 53.2% |
| Enphase Energy Inc. | ENPH, -0.79% | -5.3% | -0.8% | 33.9% |
| Boeing Co. | BA, +7.54% | -4.9% | 7.5% | -5.5% |
| Bath & Body Works Inc. | BBWI, +4.06% | -4.7% | 4.1% | 147.9% |
| Alaska Air Group Inc. | ALK, +6.98% | -4.7% | 7.0% | -4.8% |
| Las Vegas Sands Corp. | LVS, +4.74% | -4.6% | 4.7% | -40.3% |
| Source: FactSet | ||||
Click on the tickers for more about each company. Click here for Tomi Kilgore’s detailed guide to the wealth of information for free on the MarketWatch quote page.
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