Worst-performing stocks of 2013

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If a stock didn’t go up in this market, you know it’s got problems. In a year where the SP 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, Fortune 500) shares fell due to concerns about sluggish growth. J.C. Penney (JCP, Fortune 500), despite the backing of some prominent investors, couldn’t deliver on its much-hyped turnaround strategy. Barnes Noble (BKS, Fortune 500) continues to have problems adapting to the online retail world.

Related: See the best-performing stocks in the Fortune 500

And in the natural resources sector, Peabody Energy (BTU, Fortune 500), Newmont Mining (NEM, Fortune 500), and Joy Global (JOY, Fortune 500) 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


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