Mid-cap stocks are stocks that fall between large- and small-cap stocks. Though investors have lately dumped mid- and small-cap stocks due to macro uncertainty, analysts expect these two categories to see renewed interest from investors. Let’s take a look at the five worst and best performing mid-cap stocks in May 2022.
Best Performing Mid-Cap Stocks In May 2022
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Founded in 1906 and headquartered in Sugar Land, Texas, this company is in the business of petroleum refining and marketing. CVR Energy, Inc. (NYSE:CVI) shares are up by over 130% year to date and by almost 113% in the last year. As of writing, it had a market capitalization of more than $3.80 billion and a 52-week range of $11.22 to $43.61. CVR Energy posted revenue of more than $7.2 billion in 2021 and over $3.9 billion in 2020.
Founded in 2021 and headquartered in Plymouth Meeting, Pa., this company deals in home healthcare equipment, supplies and related services. Adapthealth Corp (NASDAQ:AHCO) shares are down by over 28% year to date and by almost 37% in the last year. As of writing, it had a market capitalization of more than $2.30 billion and a 52-week range of $11.40 to $30.33. AdaptHealth posted revenue of more than $2.40 billion in 2021 and over $1 billion in 2020.
Founded in 1942 and headquartered in Philadelphia, this company deals in the production of performance lithium compounds. Livent Corp (NYSE:LTHM) shares are up by over 3% year to date and by almost 43% in the last year. As of writing, it had a market capitalization of more than $4 billion and a 52-week range of $16.75 to $34.61. Livent posted revenue of more than $420 million in 2021 and over $280 million in 2020.
Founded in 2018 and headquartered in Portland, Maine, this company develops technologies and services for the animal health industry. Covetrus Inc (NASDAQ:CVET) shares are up by over 3% year to date but are down by over 25% in the last year. As of writing, it had a market capitalization of more than $2.80 billion and a 52-week range of $13.39 to $29.02. Covetrus posted revenue of more than $4.50 billion in 2021 and over $4.30 billion in 2020.
Founded in 1996 and headquartered in Portland, Tenn., this company offers an electrical balance of system solutions for solar energy projects. Shoals Technologies Group Inc (NASDAQ:SHLS) shares are down by over 28% year to date and by over 39% in the last year. As of writing, it had a market capitalization of more than $2.90 billion and a 52-week range of $9.58 to $37.61. Shoals Technologies posted revenue of more than $210 million in 2021 and over $170 million in 2020.
Worst Performing Mid-Cap Stocks In May 2022
Following are the five worst-performing mid-cap stocks in May 2022:
Founded in 2009 and headquartered in Boston, this company offers global payment and receivables solutions. Flywire Corp (NASDAQ:FLYW) shares are down by over 59% year to date and by almost 50% in the last year. As of writing, it had a market capitalization of more than $1.60 billion, and a 52-week range of $15.30 to $57.41. Flywire posted revenue of more than $200 million in 2021 and over $130 million in 2020.
Founded in 2015 and headquartered in Santa Monica, Calif., it is a consumer-focused digital healthcare platform. Goodrx Holdings Inc (NASDAQ:GDRX) shares are down by over 80% year to date and by over 84% in the last year. As of writing, it had a market capitalization of more than $2.30 billion, and a 52-week range of $5.70 to $48.05. GoodRx Holdings posted revenue of more than $740 million in 2021 and over $550 million in 2020.
Founded in 2007 and headquartered in San Francisco, this company manages an online social rideshare community platform. LYFT Inc (NASDAQ:LYFT) shares are down by almost 67% year to date and by over 75% in the last year. As of writing, it had a market capitalization of more than $4.90 billion, and a 52-week range of $14.18 to $63.07. Lyft posted revenue of more than $3.2 billion in 2021 and over $2.3 billion in 2020.
Founded in 2012 and headquartered in Tempe, Ariz., it is an eCommerce platform that facilitates buying and selling of used cars. Carvana Co (NYSE:CVNA) shares are down by over 90% year to date and by over 92% in the last year. As of writing, it had a market capitalization of more than $3.90 billion, and a 52-week range of $19.80 to $376.83. Carvana posted revenue of more than $12 billion in 2021 and over $5 billion in 2020.
Founded in 2007 and headquartered in San Carlos, Calif., it is a biopharmaceutical company. Iovance Biotherapeutics Inc (NASDAQ:IOVA) shares are down by almost 62% year to date and by over 69% in the last year. As of writing, it had a market capitalization of more than $1.20 billion, and a 52-week range of $6.18 to $28.00.
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