DJ Qualcomm Inc. Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of Qualcomm Inc. $(QCOM)$ advanced 1.68% to $155.71 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.11% to 6,092.18 and the Dow Jones Industrial Average rising 1.19% to 43,089.02.
This was the stock's second consecutive day of gains.
Qualcomm Inc. closed 26.24% below its 52-week high of $211.09, which the company achieved on July 16th.
The stock underperformed when compared to some of its competitors Tuesday, as NVIDIA Corp. $(NVDA)$ rose 2.59% to $147.90, Broadcom Inc. $(AVGO)$ rose 3.94% to $263.77, and Intel Corp. $(INTC)$ rose 6.42% to $22.55.
Trading volume (7.3 M) remained 1.4 million below its 50-day average volume of 8.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 24, 2025.
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June 24, 2025 16:35 ET (20:35 GMT)
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