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Qualcomm Inc. stock falls Tuesday, underperforms market

Shares of Qualcomm Inc. QCOM, -0.10% lost 0.10% to $ 137.30 on Tuesday, on what turned out to be an all-round mixed trading session for the stock market, with the S&P 500 Index SPX, + 0.33% up 0.33% to 4,141.59 and the Dow Jones Industrial Average DJIA, -0.20% fell 0.20% to 33,677.27. This was the stock’s second consecutive day of losses. Qualcomm Inc. closed down $ 30.64 from its 52-week high ($ 167.94), which the company hit on Jan. 20.

The stock underperformed on Tuesday compared to some of its competitors: Alphabet Inc. Cl A GOOGL, + 0.44% increased 0.44% to $ 2,254.43, NVIDIA Corp. NVDA, + 3.09%, up 3.09% to $ 627.18, and Cisco Systems Inc. CSCO, + 0.17%, rose 0.17% to $ 51.66. The trade volume (9.2 million) remained 2.4 million below the 50-day average volume of 11.7 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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