Shares of Qualcomm Inc. QCOM, -0.73% fell 0.73% to $181.98 Tuesday on what turned out to be an overall bad trading session for the stock market, with the S&P 500 Index SPX, -0.75% falling 0.75% to 4,634.09 and Dow Jones Industrial Average DJIA, -0.30% fell 0.30% to 35,544.18. This was the second consecutive day of losses for the stock. Qualcomm Inc. closed $9.32 below the 52-week high ($191.30) the company reached on Dec. 13.
The stock showed a mixed performance compared to some of its competitors Tuesday as Alphabet Inc. Cl A GOOGL, -1.32% 1.32% fell to $2,878.14, NVIDIA Corp. NVDA, +0.62%, rose 0.62% to $283.37, and Cisco Systems Inc. CSCO, -1.43% was down 1.43% to $57.77. Trading volume (8.2 million) remained 2.7 million below the 50-day average volume of 11.0 million.