From Nasdaq:

The Dow Jones Industrial Average has 11 underperforming components in 2024, including Boeing, Intel, Nike, and Apple due to various issues impacting each company specifically. Boeing’s safety concerns and botched production have led to a significant decline in stock value, while Intel is struggling to maintain its dominance in the industry despite government funding and future plans for growth.

Nike is facing challenges with slowing growth in crucial regions like China, increasing competition from brands like Lululemon and Hoka, and stagnant revenue growth compared to competitors. While the company’s stock is currently trading at a discount, the market is still skeptical of its long-term prospects and growth potential.

Apple, despite a thriving high-margin services segment and record results, is dealing with slowing iPhone sales growth and legal troubles with antitrust violations. The company’s heavy reliance on the iPhone and its buybacks to boost earnings per share make it a complex investment choice that may struggle against market competition until its fundamentals improve.



Read more at Nasdaq: Meet the 4 Worst-Performing Dow Stocks in 2024 (and It Could Get Worse Before It Gets Better)