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Qualcomm Inc. stock underperforms Thursday when compared to competitors

Shares of Qualcomm Inc. QCOM, down 2.36%, down 2.36% to $ 132.97 Thursday, on what turned out to be an all-round dismal trading session for the stock market, with the S&P 500 Index SPX down -0.92% down 0.92 % to 4,134.98 and Dow Jones Industrial Average DJIA, -0.94%, down 0.94% to 33,815.90. Qualcomm Inc. closed down $ 34.97 from its 52-week high ($ 167.94), which the company hit on Jan. 20.

The stock performed mixed compared to some of its competitors on Thursday, such as Alphabet Inc. Cl A GOOGL, -1.13% decreased 1.13% to $ 2,252.52, NVIDIA Corp. NVDA, -3.32% fell 3.32% to $ 594.01, and Cisco Systems Inc. CSCO, -0.83% fell 0.83% to $ 51.50. The trade volume (8.3 million) remained 2.1 million below the 50-day average volume of 10.4 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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