You would think that about half the stocks in the S&P 500 do better than average in any given year. One would expect a balanced distribution between superior and inferior market performers.

The company is not selling any shares of common stock under this prospectus and will not receive any proceeds from the sale of the shares of ...

It's possible for preferred stocks to appreciate in market value based on positive company valuation, although this is a less common result than with common stocks. Preferred shares are a hybrid ...