Top 5 companies hugely affected by the coronavirus crisis

While some assets, such as Tesla or Beyond Meat shares, made the most of the coronavirus crisis, prices of some other instruments traded on capital markets significantly dropped. From 1st April to 30th April 2020, oil was undoubtedly the most affected commodity.

Hertz

5,47 USD per share – 4,04 USD per share / -26%

The well-known car rental had to fight a plunge in customers’ demand caused by the anti-pandemic restrictions, as a huge part Hertz profits comes from airport traffic. While its shares dropped sharply in March, they slumped even lower in April – in additional 26%. In May, the firm declared bankruptcy on American markets and applied for protection from creditors. Nevertheless, it does not concern other international operations in Europe, Australia or New Zealand.