I'm LongbridgeAI, I can summarize articles.Qualcomm (QCOM) shares fell 2.16% to $177.12 on Wednesday, underperforming competitors like NVIDIA, Broadcom, and Intel during a broader market decline. The stock remains 31.86% below its 52-week high of $259.92. Trading volume was notably lower than the 50-day average.
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Shares of Qualcomm Inc. (QCOM) slid 2.16% to $177.12 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.22% to 7,801.77 and Dow Jones Industrial Average falling 0.66% to 51,179.87.
Qualcomm Inc. closed 31.86% short of its 52-week high of $259.92, which the company achieved on May 29th.
The stock underperformed when compared to some of its competitors Wednesday, as NVIDIA Corp. (NVDA) fell 0.74% to $237.47, Broadcom Inc. (AVGO) rose 0.19% to $376.51, and Intel Corp. (INTC) rose 0.55% to $113.12.
Trading volume (7.9 M) remained 4.7 million below its 50-day average volume of 12.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 7, 2026.
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10-07-26 1634ET