New York Post

TRUMP RALLY DOGS

Losers left panting while the S&P went thataway

- By CARLETON ENGLISH cenglish@nypost.com

Throw these dogs a bone — or rather, a couple of dollars onto their stock price.

As the Dow Jones industrial average has hit several new highs since Election Day and the S&P 500 Index has gained 5.8 percent, 135 stocks have not enjoyed the Trump Rally.

Those stocks — which can be called the Dogs of the Trump Rally — are down since Nov. 8.

Some of the losers, such as those in the health care space, are to be expected, given President-elect Trump’s promise in an interview earlier this month to bring down drug prices.

For example, CVS Health has lost 5 percent since the election, and Abbott Laboratori­es and Biogen are both down roughly 3 percent.

But other stocks have no easy explanatio­n.

TripAdviso­r, for example, is the biggest dog of the Trump Rally, giving up nearly 27 percent of its market cap since Election Day.

The company has struggled in recent years as it’s tried to broaden its business beyond earning fees for referring customers to other online booking sites.

Although the company gained 5 percent after signing a deal with Expedia on Dec. 20, shares are down 45 percent for the year.

The Gap is leading losers among retail names in the S&P 500. Shares have fallen 16 percent, to $22.58 as of Friday’s close, since Nov. 8.

The mall stalwart’s decline outpaces its struggling peers like Michael Kors, which is down 14.2 percent, and Urban Outfitters, which lost 12.7 percent over the same period.

Also not on the Trump- train is Coty, the parent company of drug- and department-store beauty brands like O*P*I, Sally Hansen, Wella and Cover Girl.

Its shares plunged 15.5 percent after Trump’s win, to $18.60. If reports of the “post-Trump haircut” are true, customers may have less of a need for the company’s hair straighten­ers and other beauty products.

The Trump Rally also did nothing to lift toymakers this holiday season. Mattel and Hasbro, which each get roughly 30 percent of its annual revenue in the holiday season, are down 8.3 percent and 5.1 percent, respective­ly, since Trump’s win.

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