Shares of Qualcomm Inc. QCOM, -0.60% fell 0.60% to $175.45 Monday in what turned out to be an all-encompassing positive trading session for the stock market, with the S&P 500 Index SPX, +1.17% up 1.17% rose to 4,591.67 and the Dow Jones Industrial Average DJIA, +1.87%, up 1.87% to 35,227.03. This was the second consecutive day of losses for the stock. Qualcomm Inc. closed $13.32 below the 52-week high ($188.77) reached by the company on Nov. 22.
The stock showed a mixed performance compared to some of its competitors Monday as Alphabet Inc. Cl A GOOGL, +0.81% up 0.81% to $2,863.10, NVIDIA Corp. NVDA, -2.14% fell 2.14% to $300.37, and Cisco Systems Inc. CSCO, +1.30% was up 1.30% to $56.96. Trading volume (8.6 million) remained 2.1 million below the 50-day average volume of 10.7 million.