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QUALCOMM Stock Falls On Monday, Underperforms Market

Via News Editorial Team

November 23, 2020

QUALCOMM Stock Falls On Monday, Underperforms Market

Even though QUALCOMM has been somewhat immune to the crisis, shares dropping 2.13% to $142.93 at 14:08 EST on Monday, following yesterday's downward trend. The Nasdaq Stock Market is jumping 0.14% to $11,871.70, following yesterday's downward trend, on what up until now seems, a somewhat positive trend trading session on today.

QUALCOMM's last close was $146.03, under its 52-week high of $153.33.

QUALCOMM's sales growth is 62.7% for the ongoing quarter and 34.1% for the next. The company's growth estimates for the current quarter and the next is 110.1% and 72.7%, respectively.

Year-on-year quarterly revenue growth grew by 73.4%, now sitting on 23.53B for the twelve trailing months.

QUALCOMM's stock is valued at $142.93 at 14:08 EST, below its 52-week high of $153.33 and way higher than its 52-week low of $58.00.

QUALCOMM's worth is above its 50-day moving average of $132.68 and way above its 200-day moving average of $107.28.