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The S&P 500's Thanksgiving Leftover Stocks In March 2026

Seeking Alpha
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⚡ Quantum Brief
Two of ten underperforming S&P 500 stocks from late 2025—Dow and Deckers Outdoor—showed significant recovery by March 2026, defying broader market stagnation. Dow’s share price surged 66% from $23.85 (28 Nov 2025) to $39.63 (25 Mar 2026), marking the strongest rebound among the so-called "Thanksgiving Leftover" stocks. Deckers Outdoor was the only other stock in the group to sustain gains, while the remaining eight lagged behind the S&P 500, which sat at 96.2% of its post-Thanksgiving 2025 value. The analysis tracks the ten worst-performing S&P 500 components of 2025, suggesting most may continue struggling despite the index’s modest recovery. The brief four-month window hints at persistent weakness in the majority of these stocks, raising questions about their long-term viability in a sluggish market.
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Ironman at Political Calculations3.4K FollowersFollow5ShareSavePlay(5min)CommentsSummaryIf you're just joining this series, the Thanksgiving Leftover Stocks are a group of ten stocks that Seeking Alpha's Jason Capul identified as "Thanksgiving leftovers no one wants".Back on 28 November 2025, Dow was trading at $23.85 per share. Four months later, through the close of trading on 25 March 2026, the company's share price has risen to $39.63.Aside from Dow, the only other company whose stock has registered a sustained increase is Deckers Outdoor.The remaining eight Thanksgiving Leftover stocks are doing less well than the S&P 500, which itself is just 96.2% of its day-after-Thanksgiving-Day value. courtneyk/iStock via Getty Images Admittedly, we've only been following the ten worst-performing component stocks of the S&P 500 (SPX) in 2025 for the last four months, but we're starting to think that many, if not most, of these stocks would notThis article was written byIronman at Political Calculations3.4K FollowersFollowIronman is the alias of the blogger at Political Calculations, a site that develops, applies and presents both established and cutting edge theory to the topics of investing, business and economics. We should acknowledge that Ironman is either formerly or currently, and quite possibly, simultaneously employed as some kind of engineer, researcher, analyst, rocket scientist, editor and perhaps as a teacher of some kind or another. The scary thing is that's not even close to being a full list of Ironman's professions and we should potentially acknowledge that Ironman may or may not be one person. We'll leave it to our readers to sort out which Ironman might behind any of the posts that do appear here or comments that appear elsewhere on the web!

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