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Intel plunges 45% in October, becoming the worst S&P 500 stock this month.

Market News
30 Oct 2026, 19:43 WIB
Barrons
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Bearish
Intel plunges 45% in October, becoming the worst S&P 500 stock this month.

Intel's stock dropped 45% in October, marking its worst monthly performance ever and making it the worst-performing stock in the S&P 500 for the month. This sharp decline contrasts with other stocks like Accenture, which saw gains during the same period. Intel's fall highlights challenges in the semiconductor sector amid rising memory prices and market pressures. Investors will be watching closely to see how Intel navigates these headwinds going forward.

Intel's sharp 29.84% drop in a single day on Pluang as of Oct 31, 2026, contrasts starkly with Accenture's 4.77% gain on the same day. Intel trades at USD 64.60, far below its 52-week high of USD 140.94, while Accenture remains closer to its peak at USD 259.01 against a 52-week high of USD 288.54. This highlights the divergent fortunes within the tech sector right now.

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