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Qualcomm Inc. Stock Rises 3.8%, Outperforms Peers

Dow Jones
2 hours ago

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Qualcomm Inc. rose 3.8% to $170.48 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.3% to 7,686.14 and Dow Jones Industrial Average falling 0.7% to 53,185.90.

Qualcomm Inc. closed 34.4% below its 52-week high of $259.92, which the company reached on May 29th.

The stock outperformed some of its peers, as NVIDIA Corp. rose 1.5% to $220.78, Broadcom Inc. rose 0.4% to $370.34, and Intel Corp. remained unchanged.

Trading volume totaled 11.3 million, compared to the 50-day average of 14.7 million.

Data source: Dow Jones Market Data, FactSet

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