Qualcomm Inc. Stock Outperforms Competitors On Strong Trading Day
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Qualcomm Inc. (QCOM) shares rose 1.58% to $170.70 on Tuesday, outperforming some competitors in a strong trading session. The S&P 500 Index increased by 0.25% and the Dow Jones Industrial Average by 0.39%. Qualcomm's stock is 17.12% below its 52-week high. Competitors showed mixed results: NVIDIA Corp. (NVDA) rose 0.86%, Broadcom Inc. (AVGO) fell 1.17%, and Intel Corp. (INTC) rose 8.65%. Trading volume was 9.1 million, below the 50-day average of 10.4 million.
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