Qualcomm Inc. Stock Underperforms Wednesday When Compared To Competitors
Complete. Here is the key summaryQualcomm Inc. (QCOM) shares fell 4.42% to $155.68 on Wednesday, underperforming the broader market as the S&P 500 and Dow Jones also declined. This marks the second consecutive day of losses for Qualcomm, which is now trading 40.10% below its 52-week high. The stock's performance was mixed relative to competitors; while NVIDIA and Broadcom saw smaller declines, Intel dropped more sharply than Qualcomm.
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Qualcomm Inc. (QCOM) slipped 4.42% to $155.68 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.52% to 7,316.15 and Dow Jones Industrial Average falling 2.19% to 51,594.14.
This was the stock's second consecutive day of losses.
Qualcomm Inc. closed 40.10% below its 52-week high of $259.92, which the company reached on May 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as NVIDIA Corp. (NVDA) fell 3.55% to $190.01, Broadcom Inc. (AVGO) fell 2.78% to $370.32, and Intel Corp. (INTC) fell 5.12% to $81.88.
Data source: Dow Jones Market Data, FactSet. Data compiled July 29, 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
07-29-26 1635ET