This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Qualcomm Inc. slipped 8.9% to $135.21 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.6% to 5,604.14 and the Dow Jones Industrial Average rising 0.2% to 40,752.96.
Qualcomm Inc. closed 41.4% below its 52-week high of $230.63, which the company reached on June 18th.
The stock underperformed when compared to some of its competitors, as NVIDIA Corp. rose 2.5% to $111.61, Broadcom Inc. rose 2.5% to $197.33, and Intel Corp. fell 0.60% to $19.98.
Trading volume totaled 22.7 million, compared to the 50-day average of 8.9 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
May 01, 2025 16:33 ET (20:33 GMT)
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