This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Qualcomm Inc. slipped 7.7% to $146.76 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.4% to 6,339.39 and Dow Jones Industrial Average falling 0.7% to 44,130.98.
This was the stock's second consecutive day of losses.
Qualcomm Inc. closed 19.4% short of its 52-week high of $182.10, which the company achieved on November 7th.
The stock underperformed when compared to some of its competitors, as NVIDIA Corp. fell 0.8% to $177.87, Broadcom Inc. fell 2.9% to $293.70, and Intel Corp. fell 2.65% to $19.80.
Trading volume totaled 24.0 million, compared to the 50-day average of 8.0 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
July 31, 2025 16:34 ET (20:34 GMT)
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