Qualcomm Inc. Stock Falls Thursday, Still Outperforms Market

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

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Eaton Vance Tax-Managed Buy-Write Opportunities Fund (the Fund) is a diversified closed-end management investment company. The Fund's primary investment objective is to provide current income and gains, with a secondary objective of capital appreciation. The Fund invests at least 80% of its total assets in a diversified portfolio of common stocks. The Fund invests primarily in common stocks of United States issuers. The Fund may invest approximately 10% of its total assets in securities of foreign issuers, including American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and European Depositary Receipts (EDRs). It invests in sectors, such as information technology, consumer discretionary, communication services, healthcare, financial services, industrials, consumer staples, utilities, energy, materials and real estate. Fund’s investment advisor is Eaton Vance Management (EVM). State Street Bank and Trust Company (SSBT) serves as a custodian of the Fund.

Qualcomm Inc. Stock Falls Thursday, Still Outperforms Market

5:20 pm ET January 13, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Qualcomm Inc. (QCOM) shed 1.36% to $183.89 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.42% to 4,659.03 and Dow Jones Industrial Average falling 0.49% to 36,113.62. The stock's fall snapped a two-day winning streak. Qualcomm Inc. closed $9.69 short of its 52-week high ($193.58), which the company achieved on January 5th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Alphabet Inc. Cl A (GOOGL) fell 2.01% to $2,771.74, NVIDIA Corp. (NVDA) fell 5.09% to $265.75, and Cisco Systems Inc. (CSCO) fell 1.00% to $61.50. Trading volume (10.2 M) remained 1.3 million below its 50-day average volume of 11.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2022.

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January 13, 2022 17:20 ET (22:20 GMT)