Shares of Qualcomm Inc. QCOM, -3.47% slid 3.47% to $133.60 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -0.91% falling 0.91% to 4,432.99 and Dow Jones Industrial Average DJIA, -0.48% falling 0.48% to 34,584.88. Qualcomm Inc. closed $34.34 below its 52-week high ($167.94), which the company reached on January 20th.
The stock underperformed when compared to some of its competitors Friday, as Alphabet Inc. Cl A GOOGL, -1.96% fell 1.96% to $2,816.00, NVIDIA Corp. NVDA, -1.54% fell 1.54% to $219.00, and Cisco Systems Inc. CSCO, -0.84% fell 0.84% to $56.85. Trading volume (14.5 M) eclipsed its 50-day average volume of 6.8 M.