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Shares of Qualcomm Inc. (QCOM) inched 0.75% higher to $182.74 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.62% to 4,725.79 and the Dow Jones Industrial Average rising 0.55% to 35,950.56. This was the stock's third consecutive day of gains. Qualcomm Inc. closed $9.94 below its 52-week high ($192.68), which the company reached on December 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Alphabet Inc. Cl A (GOOGL) rose 0.34% to $2,938.33, NVIDIA Corp. (NVDA) rose 0.82% to $296.40, and Cisco Systems Inc. (CSCO) rose 1.22% to $62.28. Trading volume (4.9 M) remained 6.5 million below its 50-day average volume of 11.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 2021.
(END) Dow Jones Newswires
December 23, 2021 17:19 ET (22:19 GMT)
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