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Shares of Qualcomm Inc. (QCOM) slid 1.86% to $182.73 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.30% to 4,778.73 and Dow Jones Industrial Average falling 0.25% to 36,398.08. Qualcomm Inc. closed $9.95 short of its 52-week high ($192.68), which the company reached on December 16th.
The stock underperformed when compared to some of its competitors Thursday, as Alphabet Inc. Cl A (GOOGL) fell 0.31% to $2,924.01, NVIDIA Corp. (NVDA) fell 1.38% to $295.86, and Cisco Systems Inc. (CSCO) fell 0.53% to $63.62. Trading volume (4.1 M) remained 6.8 million below its 50-day average volume of 10.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2021.
(END) Dow Jones Newswires
December 30, 2021 17:19 ET (22:19 GMT)
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