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With a YTD loss of 57%, Intel (INTC) is one of the worst-performing S&P 500 Index ($SPX) stocks this year, with its decline surpassed only by Walgreens (WBA). While 2024 has been particularly painful for INTC investors, the stock’s long-term performance leaves little to boast about. The stock is in the red for the last 3-year, 5-years, and 10-year periods, while INTC is just barely in the green over the last two decades.
Intel is one of those dot-com era companies that has never revisited the highs that they hit during that period. Specifically, Intel hit an all-time high of $75.81 per share on Aug. 23, 2000, and currently trades at just over a quarter of that price level.