DJ Qualcomm Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Qualcomm Inc. $(QCOM)$ rallied 4.81% to $147.21 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.03% to 5,484.77 and the Dow Jones Industrial Average rising 1.23% to 40,093.40.
This was the stock's third consecutive day of gains.
Qualcomm Inc. closed 36.17% below its 52-week high of $230.63, which the company reached on June 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as NVIDIA Corp. $(NVDA)$ rose 3.62% to $106.43, Broadcom Inc. $(AVGO)$ rose 6.35% to $188.15, and Intel Corp. $(INTC)$ rose 4.37% to $21.49.
Trading volume (8.6 M) remained 159,525 below its 50-day average volume of 8.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 24, 2025.
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(END) Dow Jones Newswires
April 24, 2025 16:34 ET (20:34 GMT)
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