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The 7 Dow Stocks That Fell in the First Half of 2017

The Dow Jones Industrial Average (DJIA) rose just over 8% in the first six months of 2017, a much better showing than the first half of 2016, when the index finished down slightly.

Of the 30 stocks included in the index, 23 closed the first half with a gain. The leading gainer was Boeing Co. (NYSE: BA), up 27%, trailed by McDonald’s Corp. (NYSE: MCD), up 25.83%, and Apple Inc. (NASDAQ: AAPL), up 24.35%.

The seven stocks that posted an overall loss for the quarter were a mixed bag: the DJIA’s two energy giants were among the losers, as were a telecom firm and a conglomerate.

Here’s a look at the seven Dow stocks that posted a loss in the first half.

Verizon Communications Inc. (NYSE: VZ) was the biggest loser over the first two quarters of the year, down 16.34%, closing Friday at $44.66, in a 52-week range of $44.36 to $56.95. The low was posted Friday too, not a good sign for the future. Verizon announced an unlimited data plan in late February, joining the other three major wireless carriers in a race to the bottom. None of the four posted a first-half stock price gain.

General Electric Co. (NYSE: GE) saw its share price drop by 14.53% during the first half of the year. The stock closed at $27.01 on Friday, in a 52-week range of $26.79 to $33.00. CEO Jeff Immelt is stepping down after 16 years at the tiller, and one has to suppose that the poor share price performance is partly the...