Home Latest News Qualcomm Inc. stock underperforms Thursday when compared to competitors – MarketWatch

Qualcomm Inc. stock underperforms Thursday when compared to competitors – MarketWatch

Shares of Qualcomm Inc. QCOM, +0.04% slid 2.00% to $124.98 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -1.06% falling 1.13% to 3,901.35 and Dow Jones Industrial Average DJIA, -0.75% falling 0.56% to 30,961.82. Qualcomm Inc. closed $68.60 below its 52-week high ($193.58), which the company achieved on January 5th.
The stock underperformed when compared to some of its competitors Thursday, as Alphabet Inc. Cl A GOOGL, -0.47% fell 1.99% to $102.91, NVIDIA Corp. NVDA, +1.31% fell 1.52% to $129.29, and Cisco Systems Inc. CSCO, -0.38% fell 1.52% to $43.29. Trading volume (7.4 M) eclipsed its 50-day average volume of 7.3 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
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