DJ Qualcomm Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Qualcomm Inc. $(QCOM)$ shed 1.29% to $172.11 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.29% to 6,101.24 and Dow Jones Industrial Average falling 0.32% to 44,424.25.
The stock's fall snapped a four-day winning streak.
Qualcomm Inc. closed 25.37% below its 52-week high of $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 3.12% to $142.62.
Trading volume (5.7 M) remained 2.2 million below its 50-day average volume of 7.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 24, 2025.
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January 24, 2025 16:34 ET (21:34 GMT)
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