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(IBM) shares fell due to concerns about sluggish growth. J.C. Penney(JCP), despite the backing of some prominent investors, couldn't deliver on its much-hyped turnaround strategy. Barnes & Noble(BKS) continues to have problems adapting to the online retail world.