DJ Qualcomm Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Qualcomm Inc. $(QCOM)$ slid 2.57% to $171.11 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.21% to 7,408.30 and Dow Jones Industrial Average falling 0.97% to 51,711.65.
The stock's fall snapped a two-day winning streak.
Qualcomm Inc. closed 34.17% short of its 52-week high of $259.92, which the company reached on May 29th.
The stock underperformed when compared to some of its competitors Thursday, as NVIDIA Corp. $(NVDA)$ fell 1.56% to $208.76, Broadcom Inc. $(AVGO)$ fell 1.09% to $392.47, and Intel Corp. $(INTC)$ fell 2.33% to $100.23.
Trading volume (10.8 M) remained 10.4 million below its 50-day average volume of 21.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 23, 2026.
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(END) Dow Jones Newswires
July 23, 2026 16:35 ET (20:35 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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