Qualcomm Inc. Stock Underperforms Wednesday When Compared To Competitors
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Qualcomm Inc. (QCOM) shares fell 1.50% to $171.05 on Wednesday, underperforming compared to competitors like NVIDIA, Broadcom, and Intel, which also saw declines. The S&P 500 Index dropped 0.74% and the Dow Jones fell 0.63%. Qualcomm's stock is currently 16.95% below its 52-week high of $205.95 reached on October 27. Trading volume was 4.5 million, significantly below the 50-day average of 10.5 million.
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