Qualcomm Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains

Dow Jones
02-11

DJ Qualcomm Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains

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

Shares of Qualcomm Inc. $(QCOM)$ rose 2.02% to $171.36 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.67% to 6,066.44 and the Dow Jones Industrial Average rising 0.38% to 44,470.41.

The stock's rise snapped a two-day losing streak.

Qualcomm Inc. closed 25.70% short of its 52-week high of $230.63, which the company achieved on June 18th.

The stock underperformed when compared to some of its competitors Monday, as NVIDIA Corp. $(NVDA)$ rose 2.87% to $133.57, Broadcom Inc. $(AVGO)$ rose 4.52% to $235.04, and Intel Corp. $(INTC)$ rose 3.51% to $19.77.

Trading volume (6.2 M) remained 1.8 million below its 50-day average volume of 8.0 M.

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

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

February 10, 2025 16:34 ET (21:34 GMT)

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