Articles > Pre Market Movers: Stock Market Winners and Losers of 2024: Walgreens, Intel, and More
- Walgreens and Intel experienced significant declines in the S&P 500 in 2024
- Intel faced its worst year ever with a 60% drop in stock value
- Broadcom, on the other hand, saw record gains with its stock price more than doubling
- Intel's struggles serve as a cautionary tale for other companies, such as Boeing
- Both Intel and Boeing have technically minded leaders tasked with turning around their fortunes
In 2024, amidst a thriving U.S. stock market, several companies faced significant challenges, with 98 stocks in the S&P 500 showing double-digit declines. Leading the list of stocks with the hardest falls were Walgreens and Intel, two major players in their respective industries.
Intel, in particular, had a rough year, experiencing its worst year ever as a public company. The tech giant lost a staggering 60% of its value, marking a significant downturn for the once high-flying company. In contrast, Broadcom enjoyed a stellar year, with its stock price more than doubling and recording its best month ever in December following a strong earnings report.
The contrasting fortunes of Intel and Broadcom highlight the volatility of the stock market and the high stakes involved for investors. Intel's struggles in 2024 serve as a grim lesson for other companies, with its drastic drop in value serving as a cautionary tale.
One company that may be taking note of Intel's challenges is Boeing, another storied American manufacturer facing its own set of difficulties. Like Intel's Pat Gelsinger, Boeing's Kelly Ortberg is a technically minded leader tasked with navigating the company through troubled waters caused by financial setbacks.
As the stock market continues to fluctuate and companies grapple with changing fortunes, investors are keeping a close eye on how leaders like Gelsinger and Ortberg will guide their companies through uncertain times. The lessons learned from Intel's tumultuous year serve as a reminder that even the biggest players in the market are not immune to volatility and unforeseen challenges.
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Pre Market Movers: Stock Market Winners and Losers of 2024: Walgreens, Intel, and More
By KlickAnalytics Data Insights | December 31, 2024 09:00AM ET
Key Points
- Walgreens and Intel experienced significant declines in the S&P 500 in 2024
- Intel faced its worst year ever with a 60% drop in stock value
- Broadcom, on the other hand, saw record gains with its stock price more than doubling
- Intel's struggles serve as a cautionary tale for other companies, such as Boeing
- Both Intel and Boeing have technically minded leaders tasked with turning around their fortunes
In 2024, amidst a thriving U.S. stock market, several companies faced significant challenges, with 98 stocks in the S&P 500 showing double-digit declines. Leading the list of stocks with the hardest falls were Walgreens and Intel, two major players in their respective industries.
Intel, in particular, had a rough year, experiencing its worst year ever as a public company. The tech giant lost a staggering 60% of its value, marking a significant downturn for the once high-flying company. In contrast, Broadcom enjoyed a stellar year, with its stock price more than doubling and recording its best month ever in December following a strong earnings report.
The contrasting fortunes of Intel and Broadcom highlight the volatility of the stock market and the high stakes involved for investors. Intel's struggles in 2024 serve as a grim lesson for other companies, with its drastic drop in value serving as a cautionary tale.
One company that may be taking note of Intel's challenges is Boeing, another storied American manufacturer facing its own set of difficulties. Like Intel's Pat Gelsinger, Boeing's Kelly Ortberg is a technically minded leader tasked with navigating the company through troubled waters caused by financial setbacks.
As the stock market continues to fluctuate and companies grapple with changing fortunes, investors are keeping a close eye on how leaders like Gelsinger and Ortberg will guide their companies through uncertain times. The lessons learned from Intel's tumultuous year serve as a reminder that even the biggest players in the market are not immune to volatility and unforeseen challenges.
About INTC
Intel Corporation engages in the design, manufacture, and sale of computer products and technologies worldwide. The company operates through CCG, DCG, IOTG, Mobileye, NSG, PSG, and All Other segments. It offers platform products, such as central processing units and chipsets, and system-on-chip and multichip packages; and non-platform or adjacent products, including accelerators, boards and systems, connectivity products, graphics, and memory and storage products. The company also provides high-performance compute solutions for targeted verticals and embedded applications for retail, industrial, and healthcare markets; and solutions for assisted and autonomous driving comprising compute platforms, computer vision and machine learning-based sensing, mapping and localization, driving policy, and active sensors. In addition, it offers workload-optimized platforms and related products for cloud service providers, enterprise and government, and communications service providers. The company serves original equipment manufacturers, original design manufacturers, and cloud service providers. Intel Corporation has a strategic partnership with MILA to develop and apply advances in artificial intelligence methods for enhancing the search in the space of drugs. The company was incorporated in 1968 and is headquartered in Santa Clara, California.For more information:
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