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Qualcomm Inc. stock falls Tuesday, still outperforms market

Shares of Qualcomm Inc. QCOM, -0.69% fell 0.69% to $ 128.91 Tuesday, on what turned out to be an all round bad trading session for the stock market, with the S&P 500 Index SPX, falling -0.85% by 0.85% to 4,127.83 and Dow Jones Industrial Average DJIA, -0.78%, decreased 0.78% to 34,060.66. This was the stock’s second consecutive day of losses. Qualcomm Inc. closed at $ 39.03 below its 52-week high ($ 167.94), which the company reached on Jan. 20.

The stock showed a mixed performance against some of its competitors on Tuesday, such as Alphabet Inc. Cl A GOOGL, -1.16% decreased 1.16% to $ 2,262.47, NVIDIA Corp. NVDA, declined -1.06% by 1.06% to $ 560.63, and Cisco Systems Inc. CSCO, declined -0.02% by 0.02% to $ 52.93. The trade volume (8.6 million) remained 1.6 million below the 50-day average volume of 10.2 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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