DJ Qualcomm Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Qualcomm Inc. $(QCOM)$ slipped 4.42% to $155.68 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.52% to 7,316.15 and Dow Jones Industrial Average falling 2.19% to 51,594.14.
This was the stock's second consecutive day of losses.
Qualcomm Inc. closed 40.10% below its 52-week high of $259.92, which the company reached on May 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as NVIDIA Corp. $(NVDA)$ fell 3.55% to $190.01, Broadcom Inc. $(AVGO)$ fell 2.78% to $370.32, and Intel Corp. $(INTC)$ fell 5.12% to $81.88.
Data source: Dow Jones Market Data, FactSet. Data compiled July 29, 2026.