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Qualcomm Inc. stock underperforms Monday when compared to competitors

Shares of Qualcomm Inc. QCOM, -1.95%, fell 1.95% to $181.40 Monday, on what turned out to be an overall mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA up 0.05% +0.05% to 35,619.25 and the S&P 500 Index SPX, -0.32%, down 0.32% to 4,682.94. This was the second consecutive day of losses for the stock. Qualcomm Inc. closed $7.32 below the 52-week high ($188.72) reached by the company on Nov. 18.

The stock showed a mixed performance compared to some of its competitors Monday as Alphabet Inc. Cl A GOOGL, -1.76% 1.76% fell to $2,926.04, NVIDIA Corp. NVDA, -3.12% fell 3.12% to $319.56, and Cisco Systems Inc. CSCO, +2.54% was up 2.54% to $54.60. Trading volume (16.0 million) surpassed the 50-day average volume of 10.0 million.

Editor’s Note: This story was generated automatically 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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