DJ Qualcomm Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Qualcomm Inc. $(QCOM)$ slipped 9.51% to $139.42 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 4.84% to 5,396.52 and Dow Jones Industrial Average falling 3.98% to 40,545.93.
Qualcomm Inc. closed 39.55% below its 52-week high of $230.63, which the company reached on June 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as NVIDIA Corp. $(NVDA)$ fell 7.81% to $101.80, Broadcom Inc. $(AVGO)$ fell 10.51% to $154.01, and Intel Corp. $(INTC)$ rose 2.05% to $22.43.
Trading volume (16.4 M) eclipsed its 50-day average volume of 7.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 3, 2025.
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April 03, 2025 16:34 ET (20:34 GMT)
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