DJ Qualcomm Inc. Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of Qualcomm Inc. $(QCOM)$ rose 2.24% to $148.63 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.05% to 5,921.54 and the Dow Jones Industrial Average rising 1.78% to 42,343.65.
The stock's rise snapped a three-day losing streak.
Qualcomm Inc. closed 35.55% short of its 52-week high of $230.63, which the company reached on June 18th.
The stock underperformed when compared to some of its competitors Tuesday, as NVIDIA Corp. $(NVDA)$ rose 3.21% to $135.50, Broadcom Inc. $(AVGO)$ rose 3.03% to $235.65, and Intel Corp. $(INTC)$ rose 2.49% to $20.55.
Trading volume (9.7 M) eclipsed its 50-day average volume of 9.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 27, 2025.
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May 27, 2025 16:35 ET (20:35 GMT)
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