DJ Qualcomm Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Qualcomm Inc. $(QCOM)$ slid 1.63% to $151.31 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.61% to 5,844.61 and Dow Jones Industrial Average falling 1.91% to 41,860.44.
The stock's fall snapped a two-day winning streak.
Qualcomm Inc. closed 34.39% below its 52-week high of $230.63, which the company reached on June 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as NVIDIA Corp. $(NVDA)$ fell 1.92% to $131.80, Broadcom Inc. $(AVGO)$ fell 0.84% to $229.73, and Intel Corp. $(INTC)$ fell 2.73% to $20.69.
Trading volume (9.6 M) eclipsed its 50-day average volume of 9.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 21, 2025.
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(END) Dow Jones Newswires
May 21, 2025 16:35 ET (20:35 GMT)
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