The first that came to mind was FMG. I checked the chart and it had a 50% correction just this year.
The next one I thought of was PLS. Also down 50% within a year and it still has a market cap of $7bill even after that correction. These two are cyclicals but below PLS's chart is NEU which is another pharmaceutical.
Great performance, nice uptrend but it too has had a 50% correction this year.
There are plenty more if you want to look. How can they do that? Various reasons from news, cycles, or just overbought and then oversold. At the end of they just do it! That's the market.
LTP Price at posting:
89.5¢ Sentiment: Buy Disclosure: Held
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