Qualcomm Inc. Stock Underperforms Friday When Compared To Competitors
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Qualcomm Inc. (QCOM) shares fell 1.25% to $155.82 on Friday, ending a two-day winning streak. The stock is currently 24.34% below its 52-week high of $205.95. In comparison, NVIDIA Corp. (NVDA) rose 1.53%, while Broadcom Inc. (AVGO) and Intel Corp. (INTC) saw declines of 1.67% and 17.03%, respectively. The trading volume for Qualcomm was 7.0 million, below its 50-day average of 8.6 million. The overall market showed mixed results, with the S&P 500 up 0.03% and the Dow down 0.58%.
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