Qualcomm Inc. Stock Rises Wednesday, Outperforms Market
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Shares of Qualcomm Inc. (QCOM) inched 0.75% higher to $186.20 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.14% to 4,793.06 and the Dow Jones Industrial Average rising 0.25% to 36,488.63. Qualcomm Inc. closed $6.48 short of its 52-week high ($192.68), which the company reached on December 16th.
The stock outperformed some of its competitors Wednesday, as Alphabet Inc. Cl A (GOOGL) fell 0.02% to $2,933.10, NVIDIA Corp. (NVDA) fell 1.06% to $300.01, and Cisco Systems Inc. (CSCO) rose 0.68% to $63.96. Trading volume (5.4 M) remained 5.6 million below its 50-day average volume of 11.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 29, 2021.
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December 29, 2021 17:19 ET (22:19 GMT)
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