Qualcomm Inc. Stock Outperforms Competitors Despite Losses On The Day

Dow Jones
01-10

DJ Qualcomm Inc. Stock Outperforms Competitors Despite Losses On The Day

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

Shares of Qualcomm Inc. $(QCOM)$ slid 1.32% to $156.98 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.54% to 5,827.04 and Dow Jones Industrial Average falling 1.63% to 41,938.45.

This was the stock's second consecutive day of losses.

Qualcomm Inc. closed $73.65 short of its 52-week high ($230.63), which the company reached on June 18th.

Despite its losses, the stock outperformed some of its competitors Friday, as NVIDIA Corp. $(NVDA)$ fell 3.00% to $135.91.

Trading volume (6.1 M) remained 2.2 million below its 50-day average volume of 8.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled January 10, 2025.

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January 10, 2025 16:36 ET (21:36 GMT)

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