Qualcomm (QCOM) Falls More Steeply Than Broader Market: What Investors Need to Know

Qualcomm (QCOM) ended the recent trading session at $165.29, demonstrating a -2.35% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.19%. Elsewhere, the Dow lost 0.8%, while the tech-heavy Nasdaq lost 0.1%. Shares of the chipmaker have depreciated by 5.57% over the course of the past month, underperforming the Computer and Technology sector's gain of 2.62%, and the S&P 500's gain of 2.26%.The upcoming earnings release of Qualcomm will be of gre ...