Here’s some more interesting information from Bespoke Investment Group:
Investors Losing All Their Blue Chips
Excerpt: "So called blue-chip stocks have struggled mightily over the last year. The total loss in market cap from their 52-week highs for stocks in the S&P 100 (largest 100 S&P stocks by market cap) is now $2.5 trillion. Below we highlight stocks in the index that are the furthest from their 52-week highs, as well as the loss in market cap from their 52-week highs. As shown, GM is 75% from its 52-week high, Lehman is 72.4%, and Wachovia is 71.7%."
Read more and see table here.
