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Shares of Qualcomm Inc. (QCOM) slipped 1.01% to $115.18 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.27% to 33,665.02 and the S&P 500 Index falling 0.38% to 4,267.52.
Qualcomm Inc. closed $41.48 short of its 52-week high ($156.66), which the company reached on July 22nd.
Despite its losses, the stock outperformed some of its competitors Wednesday, as NVIDIA Corp. (NVDA) fell 3.04% to $374.75.
Trading volume (7.5 M) remained 325,508 below its 50-day average volume of 7.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 7, 2023.
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June 07, 2023 16:38 ET (20:38 GMT)
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