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Shares of Qualcomm Inc. (QCOM) dropped 0.94% to $164.93 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.89% to 4,397.94 and Dow Jones Industrial Average falling 1.30% to 34,265.37. This was the stock's fourth consecutive day of losses. Qualcomm Inc. closed $28.65 short of its 52-week high ($193.58), which the company achieved on January 5th.
Despite its losses, the stock outperformed some of its competitors Friday, as Alphabet Inc. Cl A (GOOGL) fell 2.22% to $2,607.03, NVIDIA Corp. (NVDA) fell 3.21% to $233.74, and Cisco Systems Inc. (CSCO) fell 2.41% to $56.68.true Trading volume (11.9 M) eclipsed its 50-day average volume of 10.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 21, 2022.
(END) Dow Jones Newswires
January 21, 2022 17:20 ET (22:20 GMT)
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