These Were the 5 Worst-Performing Stocks in the S&P 500 in 2024

Source The Motley Fool

Returning 25% in 2024, the S&P 500 delivered a record-breaking year for stock market investors. A resilient global economy coupled with interest rate cuts by the Federal Reserve continues to fuel optimism toward a strong outlook. Investors have also cheered results from the technology sector, where developments in artificial intelligence (AI) are already proving transformative for various industries.

On the other hand, not every company was a winner. Sorting through the biggest losers in the stock market can offer insight into themes to avoid and a reminder of the underlying risk investors need to balance. Here were the five worst-performing stocks in the S&P 500 in 2024.

Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free »

Company Stock Price Performance 2024
Walgreens Boots Alliance (NASDAQ: WBA) (64%)
Intel (NASDAQ: INTC) (60%)
Moderna (NASDAQ: MRNA) (58%)
Celanese (NYSE: CE) (55%)
Estée Lauder (NYSE: EL) (49%)

Data source: Yahoo! Finance.

Underperforming for a reason

During a strong bull market, lagging stocks typically reflect underlying fundamental weaknesses or company-specific setbacks. This pattern held true for 2024's underperformers, which generally reported weaker-than-expected results.

Intel's shares dropped 60% as the semiconductor pioneer struggled to adapt to a shifting landscape, where AI-driven demand for GPUs from competitors overshadowed its traditional CPU business. Cosmetics leader Estée Lauder lost nearly half its value in 2024, primarily due to exposure to weakness in the Chinese market and soft consumer sentiment. China was also a culprit in the 55% decline in shares of chemicals and specialty materials producer Celanese. The company slashed its dividend as a response to poor financial results.

Five people around a table having a discussion.

Image source: Getty Images.

Perhaps the most interesting name on the list is Walgreens. Despite being the worst performer, with the stock falling 64%, shares of the healthcare giant have rallied sharply in the first few weeks of the new year following a recent company update with signs of an improving outlook.

Keep these on your radar

Market volatility can sometimes present buying opportunities in beaten-down stocks, provided the companies show potential for a turnaround. Therefore, keeping these stocks on your radar is worthwhile, as yesterday's losers can become tomorrow's winners.

Don’t miss this second chance at a potentially lucrative opportunity

Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.

On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:

  • Nvidia: if you invested $1,000 when we doubled down in 2009, you’d have $357,084!*
  • Apple: if you invested $1,000 when we doubled down in 2008, you’d have $43,554!*
  • Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $462,766!*

Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.

See 3 “Double Down” stocks »

*Stock Advisor returns as of January 13, 2025

Dan Victor has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Intel. The Motley Fool recommends Moderna and recommends the following options: short February 2025 $27 calls on Intel. The Motley Fool has a disclosure policy.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
AI Boom Lifts US Stocks, Strategist Sees S&P Breaking 10,000 in Three Years, How Much Longer Can This Rally Last? U.S. stocks closed at record highs again on Monday; despite growing concerns that a prolonged conflict in Iran through the summer could trigger severe economic consequences, the rally rem
Author  TradingKey
7 hours ago
U.S. stocks closed at record highs again on Monday; despite growing concerns that a prolonged conflict in Iran through the summer could trigger severe economic consequences, the rally rem
placeholder
Gold drifts higher to near $4,750 ahead of US CPI inflation releaseGold price (XAU/USD) trades in positive territory around $4,750 during the early Asian session on Tuesday. The precious metal edges higher as traders assess developments in the United States (US)-Iran diplomacy and await key US inflation data, which is due later on Tuesday. 
Author  FXStreet
16 hours ago
Gold price (XAU/USD) trades in positive territory around $4,750 during the early Asian session on Tuesday. The precious metal edges higher as traders assess developments in the United States (US)-Iran diplomacy and await key US inflation data, which is due later on Tuesday. 
placeholder
When Will the Gold Dilemma Be Resolved? Breakdown of US-Iran Negotiations Puts Gold Prices Under Pressure Again, Can It Return to $5,000? Spot gold broke below the $4,700 level during the Asian trading session on May 11, dropping as low as $4,678. As of press time, it was trading at $4,670, in stark contrast to three days a
Author  TradingKey
Yesterday 10: 31
Spot gold broke below the $4,700 level during the Asian trading session on May 11, dropping as low as $4,678. As of press time, it was trading at $4,670, in stark contrast to three days a
placeholder
Hormuz Latest. Trump Rejects Iran Peace Plan; WTI Crude Hits $100 Again International oil prices surged in early Asian trading after U.S. President Trump and Iran rejected each other's latest long-term peace proposals. Both major crude oil futures rose by mor
Author  TradingKey
Yesterday 02: 45
International oil prices surged in early Asian trading after U.S. President Trump and Iran rejected each other's latest long-term peace proposals. Both major crude oil futures rose by mor
placeholder
Gold slumps below $4,700 on Trump rejection of Iran peace proposalGold price (XAU/USD) falls to around $4,690 during the early Asian session on Monday. The precious metal attracts some sellers after US President Donald Trump rejected Iran’s latest peace offer to end the 10-week conflict choking the Strait of Hormuz, fanning inflation fears. 
Author  FXStreet
Yesterday 01: 55
Gold price (XAU/USD) falls to around $4,690 during the early Asian session on Monday. The precious metal attracts some sellers after US President Donald Trump rejected Iran’s latest peace offer to end the 10-week conflict choking the Strait of Hormuz, fanning inflation fears. 
goTop
quote