Qualcomm Inc. Stock Rises Tuesday, Outperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Qualcomm Inc. (QCOM) advanced 3.22% to $116.36 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.24% to 4,283.85 and the Dow Jones Industrial Average rising 0.03% to 33,573.28.
The stock's rise snapped a two-day losing streak.
Qualcomm Inc. closed $40.30 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 1.32% to $386.54.
Trading volume (7.6 M) remained 299,510 below its 50-day average volume of 7.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 6, 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
June 06, 2023 16:38 ET (20:38 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.