Shares of Qualcomm Inc. QCOM, -0.28% slipped 0.28% to $117.33 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.41% falling 0.41% to 3,856.10 and Dow Jones Industrial Average DJIA, -0.24% falling 0.24% to 32,653.20. This was the stock’s second consecutive day of losses. Qualcomm Inc. closed $76.25 short of its 52-week high ($193.58), which the company reached on January 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Alphabet Inc. Cl A GOOGL, -4.27% fell 4.27% to $90.47, NVIDIA Corp. NVDA, +0.34% rose 0.34% to $135.43, and Cisco Systems Inc. CSCO, +0.07% rose 0.07% to $45.46. Trading volume (5.7 M) remained 1.9 million below its 50-day average volume of 7.6 M.