Netflix was the biggest gainer in the S&P 500 this year. (ANSA)Here are the stories behind some of the stock markets biggest winners and losers for 2015. ANOTHER STAR TURN FOR NETFLIX Netflix has enjoyed top billing before: it was the biggest gainer in the S&P 500 in 2010 and 2013, and it more than tripled in value both years.
Its stock surge pushed the company's market value past that of longtime competitor Wal-Mart. Wal-Mart stock fell 29 per cent in 2015, which made this Wal-Mart's worst year since 1974, when it had fewer than 100 stores. Wal-Mart was the Dow's biggest loser. "This year seemed to mark an inflection point for Amazon," wrote Christine Short, an analyst at Estimize, who said Amazon was "almost solely responsible for the downfall of big box giant Wal-Mart." Macy's and Staples also were among the 20 biggest losers as fewer shoppers trekked to stores and bought more goods online instead.
"This year seemed to mark an inflection point for Amazon."
Creator Jill Soloway attends the Premiere Of Amazon's 'Transparent' Season 2 at SilverScreen Theater at the Pacific Design Center on November 9, 2015 in West Hollywood, California (Photo by Alberto E. Rodriguez/Getty Images)Amazon is now in a battle with the other high-flying stock of 2015: Amazon and Netflix are rivals in creating original entertainment for subscribers. This year the two snagged almost 50 Primetime Emmy nominations between them. Netflix shows received far more nominations but Amazon's shows won five Emmys to Netflix's four. WARCRAFT GETS A CANDY CRUSH The third biggest gainer in the S&P 500 was Activision Blizzard, the video game maker behind "Call of Duty" and "World of Warcraft." It rose 91 per cent as it moved to expand into the sweeter side of games. In November the company agreed to buy King Entertainment, the maker of the smartphone hit "Candy Crush Saga," to strengthen its mobile games business. It is also working on a "World of Warcraft" movie and a TV show adapted from its kid-focused "Skylanders" game. The rest of the top ten winners in the index were a mix of companies representing several industries, including the video graphics chip maker NVIDIA, the payments processor Total System Services, the website domain name company VeriSign, and Spam maker Hormel Foods. First Solar also made the top 10, getting a major boost when Congress extended tax breaks for solar installations in December. THE BIGGEST LOSERS Seven of the 10 biggest losers in the S&P 500 were energy companies, led by Chesapeake Energy, Consol Energy and Southwestern Energy. All three are dependent on the price of natural gas and all fell between 75 per cent and 80 per cent this year. Nine energy companies in the index lost at least half their value. A big reason: Mother Nature. An extraordinarily warm fall and early winter in the U.S. is slashing demand for heating, and half the nation uses natural gas to heat their homes. Natural gas supplies were already high coming into the winter. That combined with low demand pushed natural gas prices to their lowest levels since 1999 in mid-December.
Drilled in a residential area 30 miles south of the city limits of Fort Worth, Texas with mineral rights leased from a local land developer, the Barnett Shale formation gas well is owned by the Chesapeake Energy Corporation. (Photo by Robert Nickelsberg/Getty Images)The rout in crude oil prices that began in mid-2014 deepened in 2015, pulling down the value of oil company shares and the performance of the overall stock market. All this pain for energy companies is good for consumers, who are now enjoying low prices for gasoline and shrinking heating bills. There were three non-energy losers in the S&P's bottom 10. — Mining company Freeport-McMoRan fell 71 per cent, hurt by slowing economic growth in China that reduced demand for raw materials. — Watchmaker Fossil Group lost nearly two-thirds of its value as fitness trackers grew more popular and the Apple Watch was launched. — Chipmaker Micron Technology fell 60 per cent as consumers continued to turn away from personal computers.
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