How Does The Current Fall In Diageo Stock Compare With That During The 2008 Recession? [Forbes]
Diageo plc (DEO)
US:NYSE Investor Relations:
diageo.com/en/investors
Company Research
Source: Forbes
09, 2024 in Chicago, Illinois. (Photo by Daniel Boczarski/Getty Images for The Asian American Foundation) The stock price of trades at $130 per share, about 40% below its peak level of over $220 seen in December 2021. In contrast, its peer (NYSE: BUD) saw a 2% decline over this period. DEO stock was trading at $185 in early June 2022, just before the Fed started increasing rates, and is now 30% below that level, compared to a substantial 45% gain for the S&P 500 during this period. In this analysis of Diageo's upside post-inflation shock, we capture trends in the company's stock during the turbulent market conditions seen over 2022. We compare these trends to the stock's performance during the 2008 recession. The fall in DEO stock has been far from consistent. Returns for the stock were 39% in 2021, -19% in 2022, and -18% in 2023. In comparison, returns for the S&P 500 have been 27% in 2021, -19% in 2022, and 24% in 2023 — indicating that DEO underperformed the S&P in 2023. In fac
Show less
Read more
Impact Snapshot
Event Time:
DEO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DEO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DEO alerts
High impacting Diageo plc news events
Weekly update
A roundup of the hottest topics
DEO
News
- Kantar Honors over 140 Brand Architects of the World's Most Valuable Brands at Inaugural Brand Gala [Yahoo! Finance]Yahoo! Finance
- Smirnoff Sparks Vibrant Celebrations and Embraces Diversity in Support of the 2SLGBTQI+ Community with Exciting Calendar of Pride Events in Canada This Summer [Yahoo! Finance]Yahoo! Finance
- 2024 ESSENCE Festival of Culture™ Ignites Culture & Conversation with Experiences featuring Serena Williams, Ava DuVernay, Big Freedia, Morris Chestnut, Regina Hall, Sanaa Lathan, Wayne Brady, Tiwa Savage, Marsai Martin, JT & More [Yahoo! Finance]Yahoo! Finance
- Diageo to raise Scotch, Tequila prices in Korea [Yahoo! Finance]Yahoo! Finance
- 21SEEDS Infused Tequila Goes Back To The Aughts With The O.C's Summer RobertsPR Newswire
DEO
Sec Filings
- 6/28/24 - Form 11-K
- 6/28/24 - Form 11-K
- 6/4/24 - Form 6-K
- DEO's page on the SEC website