This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Qualcomm Inc. (QCOM) dropped 0.55% to $105.28 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.02% to 4,192.63 and the Dow Jones Industrial Average falling 0.42% to 33,286.58.
This was the stock's second consecutive day of losses.
Qualcomm Inc. closed $51.38 short of its 52-week high ($156.66), which the company achieved on July 22nd.
The stock underperformed when compared to some of its competitors Monday, as NVIDIA Corp. (NVDA) fell 0.28% to $311.76.
Trading volume (7.9 M) eclipsed its 50-day average volume of 7.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 22, 2023.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
May 22, 2023 17:21 ET (21:21 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.