After the historic decision by the United Kingdom to leave the European Union on Thursday, markets are reeling.
US stock indexes have erased all of thеir gains for 2016, and nearly every sector is in the red.Currencies are going wild andgold 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.
Ticker: CBG
Industry: Real Estate Services
Percent of Revenue Generated in the UK: 17.6%
Ticker: NWSA
Industry: Newspaper Publishing
Percent of Revenue Generated in the UK: 18.5%
Ticker: LKQ
Industry: Auto & Truck Parts Wholesale
Percent of Revenue Generated in the UK: 19.2%
Ticker: APA
Industry: Oil and Gas Exploration & Production
Percent of Revenue Generated in the UK: 20.1%
Ticker: BLK
Industry: Investment Management
Percent of Revenue Generated in the UK: 21.6%
Note: Revenue exposure for BlackRock was determined using FactSet's proprietary algorithm
Ticker: IVZ
Industry: Wealth Management
Percent of Revenue Generated in the UK: 22.5%
Ticker: NEM
Industry: Insurance Brokers
Percent of Revenue Generated in the UK: 27.3%
Ticker: PPL
Industry: Multi-line Utilities
Percent of Revenue Generated in the UK: 31.4%
Ticker: TAP
Industry: Brewers
Percent of Revenue Generated in the UK: 34.3%
Ticker: NEM
Industry: Gold Mining
Percent of Revenue Generated in the UK:64.1%
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