Qualcomm Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Qualcomm Inc. (QCOM) inched 0.23% higher to $116.11 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.16% to 4,119.58 and Dow Jones Industrial Average falling 1.08% to 33,684.53.
Qualcomm Inc. closed $40.55 short of its 52-week high ($156.66), which the company reached on July 22nd.
The stock outperformed some of its competitors Tuesday, as NVIDIA Corp. (NVDA) fell 2.42% to $282.10.
Trading volume (7.1 M) eclipsed its 50-day average volume of 6.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 2, 2023.
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May 02, 2023 17:21 ET (21:21 GMT)
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