NEW YORK, December 31, 2025, 20:43 ET — Market closed
- Qualcomm closed down 1.5% at $171.05 in the last U.S. trading session of 2025. MarketWatch
- The decline tracked a broader year-end drop in U.S. stocks, with trading subdued ahead of the New Year holiday. Reuters
- Next on the calendar: the Federal Reserve’s late-January policy meeting and Qualcomm’s Feb. 4 earnings call. Federal Reserve+1
QUALCOMM Incorporated (QCOM) ended Wednesday down 1.5% at $171.05, giving back ground in the final U.S. trading session of 2025. MarketWatch
The stock fell as Wall Street closed the year modestly lower, with the S&P 500 down 0.74% and the Nasdaq off 0.76%, Reuters reported. Reuters
That matters now because year-end trading is often thin, and small orders can move prices more than usual. Traders pointed to profit-taking — selling to lock in gains — when liquidity is low, meaning fewer buyers and sellers are active. Reuters
“It’s perfectly fine in any bull market to have moments of cost,” said Giuseppe Sette, co-founder and president of Reflexivity. Reuters
Qualcomm also lagged some large semiconductor peers on the day. Nvidia fell 0.55%, while Broadcom and Intel each dropped about 1.1%, MarketWatch data showed. MarketWatch
The stock traded between $170.88 and $173.94 in Wednesday’s session. Trading volume was about 4.5 million shares, well below its 50-day average of 10.5 million, according to MarketWatch. MarketWatch
Qualcomm finished the day about 17% below its 52-week high of $205.95 set on Oct. 27, MarketWatch reported. MarketWatch
Qualcomm is a major supplier of smartphone processors and modem chips, and it also earns licensing revenue from patents tied to wireless standards such as 5G.
Across the market, tech stocks were among the day’s main drags, Reuters said, and the holiday-shortened week ended without the usual “Santa Claus rally” — a seasonal stretch of gains expected over the last five trading days of December and the first two of January. Reuters
Investors are heading into 2026 with one big macro question: how the Federal Reserve’s rate path will shape risk appetite after a strong year for major U.S. indexes. Reuters
Before the next session, investors will contend with the holiday pause. U.S. stock markets are closed on Thursday for New Year’s Day and are set to resume regular trading hours on Jan. 2. Reuters+1
The next major macro milestone is the Fed’s Jan. 27–28 meeting, according to the central bank’s published calendar. Federal Reserve
For Qualcomm, the next scheduled company catalyst is its Q1 fiscal 2026 earnings conference call on Feb. 4, the company’s investor events page shows. The call is listed for 1:45 p.m. PT (4:45 p.m. ET). Qualcomm Investor Relations
Qualcomm’s last outlook put fiscal first-quarter sales and adjusted earnings per share (a profit figure that excludes certain items) at a midpoint of $12.2 billion and $3.40, Reuters reported in November. Reuters
Until then, traders are likely to watch whether QCOM holds the $170 area after this week’s dip and whether chip stocks regain footing once 2026 trading begins in earnest.
