If You Bought 1 Share of Intel Stock at Its IPO, Here's How Many Shares You Would Own Now

Intel (NASDAQ: INTC) has struggled in recent years as Nvidia and longtime rival Advanced Micro Devices began to surpass it technically. So far, efforts to catch up have fallen short, taking its stock to multiyear lows.Its recent performance may make investors forget that it developed the first commercially produced microprocessor and was the world's largest semiconductor company for most of its history. Since its initial public offering (IPO), the stock has offered massive returns for its investors and a critical lesson for those not around to benefit.When Intel launched its IPO on Oct. 13, 1971, it introduced the stock at a pre-split price of $23.50 per share. Since then, the stock has grown and resulted in multiple stock splits that would have turned that single $23.50 share into 1,215 shares valued at a split-adjusted $0.02 each. Doing some calculations, if you had bought a single share on the IPO day, that investment would be worth $28,990 today, not including dividends.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool