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Shares of Qualcomm Inc. (QCOM) slid 0.18% to $115.62 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.45% to 4,282.37 and the Dow Jones Industrial Average rising 2.12% to 33,762.76.
Qualcomm Inc. closed $41.04 below its 52-week high ($156.66), which the company reached on July 22nd.
Despite its losses, the stock outperformed some of its competitors Friday, as NVIDIA Corp. (NVDA) fell 1.11% to $393.27.
Trading volume (7.8 M) eclipsed its 50-day average volume of 7.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2023.
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June 02, 2023 16:39 ET (20:39 GMT)
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