Historical Year Data · 2023
Communication Services (XLC) in 2023
Communication Services (XLC) opened 2023 at $48.61 and closed at $72.66, a +49.48% move for the year. The high of $73.1 was reached on December 28, and the low of $48.61 on January 3.
Open
$48.61
2023-01
Close
$72.66
250 data points
High
$73.1
Dec 28
Low
$48.61
Jan 3
Full Year Change
+49.48%
2022 Change
-38.65%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $48.61 | $55.08 | $55.29 | $48.61 | +13.31% |
| Feb | $55.73 | $53.5 | $59.39 | $53.24 | -4.00% |
| Mar | $53.09 | $57.97 | $57.97 | $52.26 | +9.19% |
| Apr | $58.21 | $59.9 | $59.9 | $56.13 | +2.90% |
| May | $59.89 | $62.24 | $62.26 | $57.61 | +3.92% |
| Jun | $63.08 | $65.08 | $65.3 | $62.87 | +3.17% |
| Jul | $65.3 | $68.79 | $68.81 | $64.88 | +5.34% |
| Aug | $68.7 | $67.73 | $68.7 | $65.06 | -1.41% |
| Sep | $67.1 | $65.57 | $68.42 | $65.05 | -2.28% |
| Oct | $66.06 | $64.72 | $68.64 | $63.09 | -2.03% |
| Nov | $65.67 | $69.77 | $71.2 | $65.67 | +6.24% |
| Dec | $69.91 | $72.66 | $73.1 | $68.71 | +3.93% |
Events During 2023
2023 Silicon Valley Bank Collapse
Mixed
March 2023
Silicon Valley Bank collapsed on March 10, 2023, the second-largest bank failure in US history. The Fed's response redefined liquidity backstops for the banking system.
2023 Credit Suisse Forced Merger
Mixed
March 15-19, 2023
Credit Suisse was forced into an emergency acquisition by UBS over the weekend of March 18-19, 2023. The deal wiped out AT1 bondholders while preserving some equity, reshaping bank capital structure risk assessment globally.
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