DJ Qualcomm Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Qualcomm Inc. $(QCOM)$ slid 3.32% to $152.72 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.97% to 5,580.94 and Dow Jones Industrial Average falling 1.69% to 41,583.90.
This was the stock's third consecutive day of losses.
Qualcomm Inc. closed 33.78% short of its 52-week high of $230.63, which the company reached on June 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as NVIDIA Corp. $(NVDA)$ fell 1.58% to $109.67, Broadcom Inc. $(AVGO)$ fell 1.67% to $169.12, and Intel Corp. $(INTC)$ fell 3.85% to $22.71.
Data source: Dow Jones Market Data, FactSet. Data compiled March 28, 2025.
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March 28, 2025 16:34 ET (20:34 GMT)
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