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Qualcomm Inc. stock underperforms Tuesday when compared to competitors

Shares of Qualcomm Inc. QCOM, -1.37% fell 1.37% to $ 133.40 Tuesday, on what turned out to be an all-round dismal trading session for the stock market, with the S&P 500 Index SPX, down -0.68% down 0.68% to 4,134.94 and Dow Jones Industrial Average DJIA, -0.75% down 0.75% to 33,821.30. This was the stock’s second consecutive day of losses. Qualcomm Inc. closed at $ 34.54 lower than its 52-week high ($ 167.94), which the company hit on Jan. 20.

The stock showed a mixed performance against some of its competitors on Tuesday, such as Alphabet Inc. Cl A GOOGL, -0.47% decreased 0.47% to $ 2,279.01, NVIDIA Corp. NVDA, declined -1.24%, declined 1.24% to $ 606.85, and Cisco Systems Inc. CSCO, declined -2.01%, declined 2.01% to $ 51.79. The trade volume (7.4 million) remained 3.1 million below the 50-day average volume of 10.6 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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