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Shares of Qualcomm Inc. (QCOM) shed 1.36% to $183.89 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.42% to 4,659.03 and Dow Jones Industrial Average falling 0.49% to 36,113.62. The stock's fall snapped a two-day winning streak. Qualcomm Inc. closed $9.69 short of its 52-week high ($193.58), which the company achieved on January 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Alphabet Inc. Cl A (GOOGL) fell 2.01% to $2,771.74, NVIDIA Corp. (NVDA) fell 5.09% to $265.75, and Cisco Systems Inc. (CSCO) fell 1.00% to $61.50. Trading volume (10.2 M) remained 1.3 million below its 50-day average volume of 11.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2022.
(END) Dow Jones Newswires
January 13, 2022 17:20 ET (22:20 GMT)
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