Shares of Qualcomm Inc. QCOM, -1.59% fell 1.59% to $122.95 Tuesday, on what turned out to be an all-encompassing rough trading session for the stock market, with the S&P 500 Index SPX down 0.24%, down 0.24% to 4,350.65 and Dow Jones Industrial Average DJIA, -0.34% fell 0.34% to 34,378.34. This was the fourth consecutive day of losses for the stock. Qualcomm Inc. closed $44.99 below the 52-week high ($167.94), which the company reached on Jan. 20.
The stock was mixed on Tuesday compared to some of its competitors as Alphabet Inc. Cl A GOOGL, -1.77% 1.77% fell to $2,728.98, NVIDIA Corp. NVDA, -0.12% 0.12% fell to $206.71 and Cisco Systems Inc. CSCO, -1.18% fell 1.18% to $54.28. Trading volume (10.4 million) surpassed the 50-day average volume of 6.6 million.