Retail’s Wild Ride on Wall Street in 2018

This year’s roller-coaster ride on Wall Street left investors increasingly frantic. The Dow Jones Industrial Average, despite closing up 1.15 percent to 23,327.73 on Monday, was still down 7.7 percent in 2018. The 30-company index would routinely have 1,000-point swings in a single day. With increased volatility the new norm, retail stocks were no exception. The S&P Retail Index, which tracks both brick-and-mortar retailers and online merchants in the U.S., fell about 11.5 percent in the last year. Sears Holdings Corp. was one of this year’s biggest market casualties, with its stock falling more than 93 percent before the retailer filed for bankruptcy on Oct. 15.
Looking back, here’s a recap of the some of the best- and worst-performing fashion and retail stocks of 2018. The Best
Lululemon Athletica Inc. Lululemon might just be the hottest brand of the year, with consumers willing to pay premium prices for apparel that they will sweat all over. The seemingly never-ending rise of ath-leisure might have something to do with it and investors have been quick to see the potential for further growth. The stock skyrocketed more than 53 percent in the last year.
Canada Goose Holdings Inc.
The Canadian company’s luxury outerwear remain the must-have coats of the moment. Shoppers

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