Let’s take a look at 2020 performance of the U.S. sectors and industries. Technology stocks had a banner year lead by semiconductors.
There were 38 companies in the S&P 500 with Q2 revenue decline of 50% or more. It makes sense that concerts, cruise operators, hotels/casinos, airlines and travel sites are heavily represented. There was very little activity in those areas in April, May and June. Energy sector is also featured prominently.
Who is going public and how IPOs are working out for them