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Shares of Qualcomm Inc. (QCOM) inched 0.65% higher to $106.46 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.45% to 4,137.64 and the Dow Jones Industrial Average falling 0.09% to 33,531.33.
The stock's rise snapped a two-day losing streak.
Qualcomm Inc. closed $50.20 short of its 52-week high ($156.66), which the company reached on July 22nd.
The stock underperformed when compared to some of its competitors Wednesday, as NVIDIA Corp. (NVDA) rose 1.10% to $288.85.
Trading volume (8.0 M) eclipsed its 50-day average volume of 7.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 10, 2023.
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May 10, 2023 17:21 ET (21:21 GMT)
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