Qualcomm Inc. Stock Slides 7.6%, Underperforms Peers

Dow Jones06-27 04:34

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Qualcomm Inc. shed 7.6% to $189.39 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 7,354.02 and the Dow Jones Industrial Average falling 0.1% to 51,876.11.

Qualcomm Inc. closed 27.1% short of its 52-week high of $259.92, which the company achieved on May 29th.

The stock underperformed when compared to some of its peers, as NVIDIA Corp. fell 1.6% to $192.53, Broadcom Inc. fell 3.7% to $365.02, and Intel Corp. fell 3.42% to $128.32.

Trading volume totaled 36.4 million, compared to the 50-day average of 24.7 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

June 26, 2026 16:34 ET (20:34 GMT)

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