Qualcomm Inc. Stock Slides 7.2%, Underperforms Peers
Dow Jones2026/09/28 20:33This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Qualcomm Inc. slipped 7.2% to $187.48 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.8% to 7,683.69 and Dow Jones Industrial Average falling 0.7% to 51,481.51.
Qualcomm Inc. closed 27.9% short of its 52-week high of $259.92, which the company reached on May 29th.
The stock underperformed when compared to some of its peers, as NVIDIA Corp. rose 1.7% to $228.86, Broadcom Inc. fell 0.9% to $349.57, and Intel Corp. fell 5.67% to $116.03.
Trading volume totaled 16.6 million, compared to the 50-day average of 12.6 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
September 28, 2026 16:33 ET (20:33 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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