Agenda notes that some “stay at home” stocks did well during the pandemic but are not providing the returns to investors or executives expected for this year. Rather than the concern expressed by Agenda, we would say that the rollercoaster shows that stock-based compensation has downside risks that align the interests of shareholders and executives, and lower-than-expected compensation returns are a good reminder of that.

Compensation experts say the rollercoaster shows the risk associated with equity compensation in a highly volatile environment.

Agenda – Some ‘Pandemic Stocks’ Tumble, Bringing CEO Wealth Down with Them