We look at structured products in the US market linked to underlyings that have exhibited poor performance during 2023.

For the vast majority of product types and payoffs the most important factor in determining structured product returns is the underlying asset and its performance throughout the life of the product. Moderna and Peloton reached peak levels during the Covid-19 pandemic which had a major positive impact on their respective companies  The first of the three companies we will examine is Moderna Inc (a pharmaceutical and biotechnology company) which has seen huge falls since its peak in the t