This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Qualcomm Inc. shed 3.9% to $195.61 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.7% to 7,353.61 and Dow Jones Industrial Average falling 0.6% to 49,363.88.
The stock's fall snapped a two-day winning streak.
Qualcomm Inc. closed 21.1% below its 52-week high of $247.90, which the company reached on May 11th.
The stock underperformed when compared to some of its peers, as NVIDIA Corp. fell 0.8% to $220.61, Broadcom Inc. fell 2.3% to $411.07, and Intel Corp. rose 2.43% to $110.80.
Trading volume totaled 19.4 million, compared to the 50-day average of 19.2 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
May 19, 2026 16:35 ET (20:35 GMT)
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