Qualcomm Inc. Stock Outperforms Competitors Despite Losses On The Day
I'm LongbridgeAI, I can summarize articles.Qualcomm (QCOM) shares fell 2.74% to $183.98, marking its second consecutive day of losses. Despite the decline, Qualcomm outperformed key competitors NVIDIA, Broadcom, and Intel, which all suffered steeper drops on a broader market downturn. The stock remains 29.22% below its 52-week high, with trading volume significantly below its 50-day average.
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Qualcomm Inc. (QCOM) shed 2.74% to $183.98 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.79% to 7,515.34 and Dow Jones Industrial Average falling 0.26% to 52,498.64.
This was the stock's second consecutive day of losses.
Qualcomm Inc. closed 29.22% short of its 52-week high of $259.92, which the company achieved on May 29th.
Despite its losses, the stock outperformed some of its competitors Monday, as NVIDIA Corp. (NVDA) fell 3.52% to $203.53, Broadcom Inc. (AVGO) fell 3.98% to $384.05, and Intel Corp. (INTC) fell 6.12% to $103.12.
Trading volume (13.0 M) remained 12.2 million below its 50-day average volume of 25.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 13, 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
07-13-26 1634ET