Here are the 10 US companies with the most to lose from the Brexit vote
Reuters
US stock indexes have erased all of their gains for 2016, and nearly every sector is in the red. Currencies are going wild and gold is soaring.
Some companies, however, have more to lose than others. Those US firms that sell a large amount of their products in the UK may have to reevaluate their business. In a time of uncertainty, for these firms the future is even more uncertain.
Using data from FactSet, we've compiled the US companies in the S&P 500 that generate the largest amount of their revenue from the UK.
Almost all of the firms tumbled in trading Friday, except Newmont Mining, which is riding on the back of the surge in gold prices.
Check out the firms with the most to lose following the Brexit below.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- Experts warn of rising temperatures in Bengaluru as Phase 2 of Lok Sabha elections draws near
- Axis Bank posts net profit of ₹7,129 cr in March quarter
- 7 Best tourist places to visit in Rishikesh in 2024
- From underdog to Bill Gates-sponsored superfood: Have millets finally managed to make a comeback?
- 7 Things to do on your next trip to Rishikesh