---
title: "Qualcomm Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293518214.md"
description: "Qualcomm Inc. (QCOM) shares rose 1.23% to $175.63 on Wednesday, marking its second consecutive day of gains despite a broader market decline. However, Qualcomm underperformed compared to key competitors; NVIDIA and Broadcom saw larger percentage increases, while Intel fell. The stock remains significantly below its 52-week high of $259.92."
datetime: "2026-07-22T20:34:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293518214.md)
  - [en](https://longbridge.com/en/news/293518214.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293518214.md)
generator: "portal-rs"
---

# Qualcomm Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Qualcomm Inc. (QCOM) rallied 1.23% to $175.63 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.14% to 7,498.96 and Dow Jones Industrial Average falling 0.01% to 52,218.58.

This was the stock's second consecutive day of gains.

Qualcomm Inc. closed 32.43% below its 52-week high of $259.92, which the company achieved on May 29th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as NVIDIA Corp. (NVDA) rose 2.30% to $212.06, Broadcom Inc. (AVGO) rose 2.67% to $396.81, and Intel Corp. (INTC) fell 2.68% to $102.62.

Data source: Dow Jones Market Data, FactSet. Data compiled July 22, 2026.

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

07-22-26 1634ET

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## Related News & Research

- [Pallas Capital Advisors LLC Purchases New Position in Qualcomm Incorporated $QCOM](https://longbridge.com/en/news/296466572.md)
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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**