Step aside Tesla, the S&P 500 has a new worst stock of the year

The first quarter of 2024 was filled with stories of major stock market winners – Nvidia (NASDAQ: NVDA), Supermicro (NASDAQ: SMCI), and MicroStrategy (NASDAQ: MSTR) perhaps being the biggest – and some shocking losers, including Tesla Motors (NASDAQ: TSLA), which was, for a time, the worst-performing company in the S&P 500 index.By September, the situation had changed dramatically. Despite the semiconductor industry’s generally strong performance, Intel (NASDAQ: INTC) entered a period of sharp decline, beco ...