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Shares of Qualcomm Inc. (QCOM) inched 0.97% higher to $104.02 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.88% to 4,151.28 and the Dow Jones Industrial Average falling 0.11% to 32,764.65.
The stock's rise snapped a four-day losing streak.
Qualcomm Inc. closed $52.64 below its 52-week high ($156.66), which the company reached on July 22nd.
The stock underperformed when compared to some of its competitors Thursday, as NVIDIA Corp. (NVDA) rose 24.37% to $379.80.
Trading volume (11.7 M) eclipsed its 50-day average volume of 7.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 25, 2023.
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May 25, 2023 17:21 ET (21:21 GMT)
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