Why Qualcomm (QCOM) Dipped More Than Broader Market Today

Qualcomm (QCOM) ended the recent trading session at $166.94, demonstrating a -1.16% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.96%. On the other hand, the Dow registered a loss of 0.94%, and the technology-centric Nasdaq decreased by 1.18%.Shares of the chipmaker have appreciated by 6.77% over the course of the past month, underperforming the Computer and Technology sector's gain of 7.35% and outperforming the S&P 500's gain of 4.3%.The in ...