These 15 companies sat out the huge market rally -- and a few were on the losers list last year. From repeats like J.C. Penney to tech giant IBM, here are 2013's worst-performing stocks.
If a stock didn't go up in this market, you know it's got problems. In a year where the S&P 500 surged to a record high, 21 unfortunate companies on the Fortune 500 were down as of December 7th.
But there was no formula for failure: IBM ( shares fell due to concerns about sluggish growth. )J.C. Penney (, despite the backing of some prominent investors, couldn't deliver on its much-hyped turnaround strategy. )Barnes & Noble ( continues to have problems adapting to the online retail world. )
And in the natural resources sector, Peabody Energy (, )Newmont Mining (, and )Joy Global ( were all dogged by slumping global commodity prices and soft emerging market demand. )
While they don't have much in common, these companies share membership an exclusive club. It's just not the kind you want to join --Jesse Solomon