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These Two Chip Stocks Are the Third Quarter’s Worst Performers

As of Monday’s record close, the best-performing stock in the S&P 500 in the third quarter was a surprising one: a company that joined the index only last week. The stock gained 49% in the third quarter, its best quarterly run since the three months ended on June 30, 1996, according to Dow Jones Market Data. On July 25, the insurance company reported second-quarter earnings and revenue that easily beat Wall Street estimates. Read More...

As of Monday’s record close, the best-performing stock in the S&P 500 in the third quarter was a surprising one: a company that joined the index only last week. The stock gained 49% in the third quarter, its best quarterly run since the three months ended on June 30, 1996, according to Dow Jones Market Data. On July 25, the insurance company reported second-quarter earnings and revenue that easily beat Wall Street estimates.

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