Qualcomm Inc. Stock Outperforms Market On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Qualcomm Inc. (QCOM) rose 3.12% to $170.07 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.28% to 4,410.13 and the Dow Jones Industrial Average rising 0.29% to 34,364.50. The stock's rise snapped a four-day losing streak. Qualcomm Inc. closed $23.51 short of its 52-week high ($193.58), which the company achieved on January 5th.
The stock outperformed some of its competitors Monday, as Alphabet Inc. Cl A (GOOGL) rose 0.35% to $2,616.08, NVIDIA Corp. (NVDA) fell 0.01% to $233.72, and Cisco Systems Inc. (CSCO) rose 0.39% to $56.90. Trading volume (17.5 M) eclipsed its 50-day average volume of 10.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 24, 2022.
-MarketWatch Automation
(END) Dow Jones Newswires
January 24, 2022 17:20 ET (22:20 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.