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Qualcomm Inc. stock underperforms Monday when compared to competitors

Shares of Qualcomm Inc. QCOM, -2.14% dropped 2.14% to $ 135.25 Monday, on what turned out to be an all-round dismal trading session for the stock market, with the S&P 500 Index SPX, down -0.53% down 0.53% to 4,163.26 and Dow Jones Industrial Average DJIA, -0.36% down 0.36% to 34,077.63. The share’s decline triggered a two-day winning streak. Qualcomm Inc. closed at $ 32.69 below its 52-week high ($ 167.94), which the company reached on Jan. 20.

The stock showed a mixed performance against some of its competitors on Monday, such as Alphabet Inc. Cl A GOOGL, + 0.31% increased 0.31% to $ 2,289.76, NVIDIA Corp. NVDA, -3.46% was down 3.46% to $ 614.47, and Cisco Systems Inc. CSCO, + 0.09% was up 0.09% to $ 52.85 The trade volume (8.7 million) remained 2.2 million below the 50-day average volume of 10.9 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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