Year in Review: The Worst-Performing SPX Stock of 2024

How the mighty have fallen. Roughly 10 years ago, Walgreens Boots Alliance Inc (NASDAQ:WBA) was knocking on the door of $100, a promising blue-chip pharmacy stock. As 2024 winds down, Walgreens stock has been booted from the Dow and holds the (dis)honor of worst-performing stock on the S&P 500 Index (SPX). WBA is down 63.9% in 2024 and hit a Nov. 21, record low of $8.08. Despite a 5.4% quarter-to-date gain, the year-end rally has the shares testing a historically bearish trendline. The stock will get a chan ...