Qualcomm Inc
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Information Technology : Semiconductors & Semiconductor Equipment | Large Cap Value
Company profile

Qualcomm Incorporated is engaged in the development and commercialization of foundational technologies for the wireless industry. The Company’s segments Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL) and Qualcomm Strategic Initiatives (QSI). QCT segment develops and supplies integrated circuits and system software based on third generation/fourth generation/fifth generation (3G/4G/5G) and other technologies for use in wireless voice and data communications, networking, computing, multimedia and global positioning system (GPS) products. QTL Segment grants licenses or otherwise provides rights to use portions of its intellectual property portfolio, which, among other rights, includes certain patent rights essential to and/or useful in the manufacture, sale and/or use of certain wireless products, including, without limitation, products implementing CDMA2000, WCDMA, LTE and/or OFDMA-based 5G standards and their derivatives. QSI Segment makes strategic investments.

Price
Delayed
$109.32
Day's Change
0.10 (0.09%)
Bid
--
Ask
--
B/A Size
--
Day's High
109.59
Day's Low
107.85
Volume
(Light)

Today's volume of 1,334,020 shares is on pace to be much lighter than QCOM's 10-day average volume of 9,240,716 shares.

1,334,020

Qualcomm Inc. Stock Outperforms Market On Strong Trading Day

5:21 pm ET May 15, 2023 (MarketWatch)
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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)

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