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Qualcomm Inc. stock falls Monday, underperforms market

Shares of Qualcomm Inc. QCOM, -2.23% lost 2.23% to $ 137.44 Monday, on what turned out to be an all round bad trading session for the stock market, with the S&P 500 Index SPX, down -0.02% down 0.02% to 4,127.99 and Dow Jones Industrial Average DJIA, -0.16%, down 0.16% to 33,745.40. The stock’s fall broke a three-day winning streak. Qualcomm Inc. closed at $ 30.50 below its 52-week high ($ 167.94), which the company reached on Jan. 20.

The stock underperformed compared to some of its competitors on Monday, such as Alphabet Inc. Cl A GOOGL, -1.15% decreased 1.15% to $ 2,244.62, NVIDIA Corp. NVDA, + 5.62%, up 5.62% to $ 608.36, and Cisco Systems Inc. CSCO, -1.00% fell 1.00% to $ 51.57. The trade volume (10.3 million) remained 1.3 million below the 50-day average volume of 11.6 million.

Editor’s Note: This story was automatically generated 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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