Asos was the best-performing stock in the FTSE 350 in January as the fashion brand clawed back some of its losses.
The stock has risen 71 per cent so far this year but remains nearly 90 per cent below its peak in 2018 and 85 per cent off its 2021 levels.
And yesterday they slid slightly by 0.3 per cent, or 2.5p, to 872.5p.
Bouncing back: Asos stock has risen nearly 72% so far this year but remained nearly 90% below its peak in 2017 and 85% off its 2021 levels
Airline stocks also enjoyed a strong start to the year – with Easyjet, Wizz Air and British Airways owner IAG among the top five performers – despite a slide yesterday.
Easyjet slid 1.4 per cent, or 6.8p, to 491.9p, Wizz Air lost 2.6 per cent, or 70p, to 2660p and IAG dipped by 0.4 per cent, or 0.6p, to 168.8p.
Other travel companies put on a decent show in January.
Shares in cruise operator Carnival have risen 32 per cent and Tui is up 28 per cent.
But most of these stocks have failed to return to their levels before the pandemic struck.And yesterday, Carnival fell 2.1 per cent, or 16.2p, to 767.6p as Tui lost 1.2 per cent, https://homaatc.com/?p=22806 or 2.05p, to 168.9p.
At the other end, Direct Line has made the worst start to the new year.The stock fell 19.8 per cent in a month where the insurance giant issued a profit warning, ditched its dividend and saw its chief executive Penny James leave.
Yesterday shares crept up 0.1 per cent, or 0.1p, to 177.45p.
Darktrace is close behind.Short sellers betting against the cybersecurity firm have sent its shares plunging 19 per cent. They lost 4.5 per cent, or 9.8p, to 210.2p yesterday.
Online betting group 888 also found itself close to the bottom of the pile. Shares have tumbled 17 per cent, with investors dumping their stock after the chief executive Itai Pazner made a shock exit on Monday.