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Solution Provider, Distributor Stock Winners And Losers In The First Half Of 2020

All but six of the 25 publicly held solution provider and distributor companies on our watch list saw the price of their stock price tumble in the first six months of 2020—many by double-digit amounts and two losing more than 50 percent of their value. Take a look at whose shares managed to hold their value and which ones took the biggest losses.

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Solution Provider Stocks Struggle To Make Gains In First-Half 2020  

The economy was soaring for the first months of 2020 and stock markets were riding high right along with them. Then came the pandemic and the recession, and it’s been a tough year ever since.

The Dow Jones Industrials closed June 30, 2020, at 25,812.88—much higher than where the index stood in mid-March, but still down 9.55 percent from 28,538.44 where it began the year. The tech-heavy Nasdaq, however, closed at 10,058.77 on June 30, up 12.11 percent from 8,972.60 at the start of 2020.

So how did publicly held solution provider companies and distributors fare? Of the 25 companies on our watch list, only six recorded stock price increases between Dec. 31, 2019, and June 30, 2020, with 22 recording stock price declines—including two that have lost more than 50 percent of their value this year.

Here‘s a look at how some of the biggest publicly traded solution provider companies fared in the first half of 2020, starting with companies with the biggest gains in share price, based on stock closing prices on Dec. 31, 2019, and June 30, 2020.

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