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The Best And The Worst Tech Stocks Of 2021
Rick Whiting
Here is a look at the 10 technology company stocks that recorded the biggest gains and price declines in 2021. Take a look to see how did the shares of leading IT companies like Fortinet, AMD, VMware and Netgear performed during the year.
Tech Stocks Show Steady Growth Amid A Turbulent Year
See the latest entry: The Best and Worst Tech Stocks of 2022 (So Far)
While 2021 was a turbulent year with the ongoing COVID-19 pandemic, stock markets were generally on a steady rise throughout the year—and that included the share prices of many companies in the IT industry.
Of the 44 tech company stocks on our watch list, 31 recorded gains in their stock price in 2021, many by significant double-digit percentages. Only 13 companies recorded declines in their stock price in the first half of 2021, the majority also by double-digit percentages.
The Dow Jones closed at 36,338.30 on Dec. 31, 2021, up 18.65 percent from its 30,627.47 opening on Jan. 4, 2021 (the first day of trading). The tech-heavy Nasdaq closed at 15,644.97 on Dec. 31, up 20.73 percent from its 12,958.52 opening on Jan. 4.
Here’s a look at the biggest stock price winners and losers in 2021. We start with the 10 biggest winners, counting down to the IT vendor with the biggest stock price gain during the period. Then we list the 10 companies whose stock price declined the most, concluding with the IT vendor with the biggest loss. The rankings are based on the opening share prices on Jan. 4, 2021, and the stock closing prices on Dec. 31, 2021.
