This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Qualcomm Inc. (QCOM) rallied 2.57% to $106.28 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.30% to 4,136.28 and the Dow Jones Industrial Average rising 0.14% to 33,348.60.
The stock's rise snapped a two-day losing streak.
Qualcomm Inc. closed $50.38 short of its 52-week high ($156.66), which the company achieved on July 22nd.
The stock outperformed some of its competitors Monday, as NVIDIA Corp. (NVDA) rose 2.16% to $289.53.
Trading volume (7.4 M) eclipsed its 50-day average volume of 7.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 15, 2023.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
May 15, 2023 17:21 ET (21:21 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.