IBM, Expedia and AIG land on new “avoid” lists as S&P 500 jitters return
Late Monday, StockStory released two commentaries naming six S&P 500 companies investors should “steer clear of,” pointing to slowing growth, shrinking margins, and weak returns on capital. Wall Street reopened after a U.S. market holiday with a sharp selloff, spurred by fresh tariff threats linked to a Greenland dispute. At 9:39 a.m. ET, the S&P 500 had fallen 1.29% to 6,850.39, while the CBOE Volatility Index hit a two-month peak, Reuters reported. “We’re getting the weakness because the headlines are going to drive angst and concern about what the future holds,” said David Lundgren, chief market strategist at Little Harbor Advisors.