Qualcomm Inc. Stock Outperforms Competitors Despite Losses On The Day
Qualcomm Inc. (QCOM) shares fell 2.22% to $142.36 on a challenging trading day, with the S&P 500 down 0.43% and the Dow Jones down 1.05%. This marks the second consecutive day of losses for Qualcomm, which is now 30.88% below its 52-week high of $205.95. Compared to competitors, NVIDIA dropped 4.16%, Broadcom fell 0.67%, while Intel rose 0.33%. Trading volume was 11.6 million, surpassing the 50-day average of 9.7 million.
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Shares of Qualcomm Inc. (QCOM) slid 2.22% to $142.36 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.43% to 6,878.88 and Dow Jones Industrial Average falling 1.05% to 48,977.92.
This was the stock's second consecutive day of losses.
Qualcomm Inc. closed 30.88% below its 52-week high of $205.95, which the company reached on October 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as NVIDIA Corp. (NVDA) fell 4.16% to $177.19, Broadcom Inc. (AVGO) fell 0.67% to $319.55, and Intel Corp. (INTC) rose 0.33% to $45.61.
Trading volume (11.6 M) eclipsed its 50-day average volume of 9.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 27, 2026.
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02-27-26 1636ET
