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Qualcomm Inc. stock falls Monday, still outperforms market

Shares of Qualcomm Inc. QCOM, -0.07% fell 0.07% to $176.67 Monday in what turned out to be an overall bad trading session for the stock market, with the S&P 500 Index SPX, -1.14% up 1.14% fell to 4,568.02 and Dow Jones Industrial Average DJIA, down 1.23% by 1.23% to 34,932.16. This was the third consecutive day of losses for the stock. Qualcomm Inc. closed $16.01 below the 52-week high ($192.68) the company reached on Dec. 16.

Despite the losses, the stock outperformed some of its competitors Monday as Alphabet Inc. Cl A GOOGL, -0.08% down 0.08% to $2,832.14, NVIDIA Corp. NVDA, -0.29% fell 0.29% to $277.19 and Cisco Systems Inc. CSCO, -0.17% fell 0.17% to $60.36. Actual trading volume (6.2 million) remained 5.2 million below the 50-day average volume of 11.3 million.

Editor’s Note: This story was generated automatically by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our terms of use for market data.

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