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Qualcomm Inc. stock underperforms Wednesday when compared to competitors

Shares of Qualcomm Inc. QCOM, -0.13% was down 0.13% to $180.71 on Wednesday on what turned out to be an overall mixed trading session for the stock market, with the S&P 500 Index SPX up 0.23%, +0.23% % to 4,701.46 and the Dow Jones Industrial Average DJIA, -0.03% fell 0.03% to 35,804.38. This was the fourth consecutive day of losses for the stock. Qualcomm Inc. closed $8.06 below the 52-week high ($188.77) the company reached on Nov. 22.

The stock underperformed some of its competitors on Wednesday as Alphabet Inc. Cl A GOOGL, +0.23% 0.23% rose to $2,922.40, NVIDIA Corp. NVDA, up 2.92% 2.92% to $326.74, and Cisco Systems Inc. CSCO, +0.43% was up 0.43% to $55.54. Trading volume (7.9 million) remained 2.5 million below the 50-day average volume of 10.4 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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