Qualcomm Inc. Stock Underperforms Tuesday When Compared To Competitors
Complete. Here is the key summaryQualcomm Inc. (QCOM) shares fell 4.21% to $162.88 on Tuesday, underperforming the broader market as the S&P 500 and Dow Jones rose. The stock remains 37.33% below its 52-week high of $259.92. Performance varied against competitors: NVIDIA gained 0.25%, while Broadcom and Intel declined by 0.60% and 5.86%, respectively.
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Shares of Qualcomm Inc. (QCOM) slipped 4.21% to $162.88 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.21% to 7,428.78 and the Dow Jones Industrial Average rising 1.03% to 52,747.32.
Qualcomm Inc. closed 37.33% short of 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 Tuesday, as NVIDIA Corp. (NVDA) rose 0.25% to $197.01, Broadcom Inc. (AVGO) fell 0.60% to $380.91, and Intel Corp. (INTC) fell 5.86% to $86.30.
Data source: Dow Jones Market Data, FactSet. Data compiled July 28, 2026.
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07-28-26 1635ET