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Shares of Qualcomm Inc. (QCOM) slid 3.46% to $166.50 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.10% to 4,482.73 and Dow Jones Industrial Average falling 0.89% to 34,715.39. This was the stock's third consecutive day of losses. Qualcomm Inc. closed $27.08 below 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 1.34% to $2,666.15, NVIDIA Corp. (NVDA) fell 3.66% to $241.50, and Cisco Systems Inc. (CSCO) fell 1.39% to $58.08. Trading volume (9.4 M) remained 820,955 below its 50-day average volume of 10.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 20, 2022.
(END) Dow Jones Newswires
January 20, 2022 17:20 ET (22:20 GMT)
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