This week, Talking Numbers looks at the best and the worst of 2013. Today, we focus on Abercrombie & Fitch, one of the worst performing stock in the S&P 500 index.
This year has been a very good year for stocks. The benchmark S&P 500 index is up 25% with about nine out of 10 stocks in that index seeing gains this year.
And then there are the losers. Newmont Mining, Cliffs Natural Resources, Abercrombie & Fitch, Teradata, and Edwards Lifesciences are the five worst performers in the S&P 500 to date. Along with JDS Uniphase, Teradyne and Abercrombie & Fitch will be removed from the index by the end of this week.
(Read more: Facebook to join S&P 500)
According to CNBC contributor Gina Sanchez, founder of Chantico Global, one of those names doesn't have much to look forward to in 2014.
"Of all of those companies, I think Abercrombie & Fitch has the worst kind of problems a company can face – management problems," says Sanchez. "Mike Jeffries has obviously been a very controversial CEO.Read More »from Why 2014 could be even worse for this retailer