DJ Qualcomm Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Qualcomm Inc. $(QCOM)$ rose 6.15% to $202.96 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.75% to 7,394.30 and the Dow Jones Industrial Average rising 1.86% to 50,848.75.
The stock's rise snapped a two-day losing streak.
Qualcomm Inc. closed 21.91% short of its 52-week high of $259.92, which the company achieved on May 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as NVIDIA Corp. $(NVDA)$ rose 2.22% to $204.87, Broadcom Inc. $(AVGO)$ rose 3.62% to $385.57, and Intel Corp. $(INTC)$ rose 9.27% to $116.96.
Trading volume (18.8 M) remained 3.2 million below its 50-day average volume of 22.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 11, 2026.
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(END) Dow Jones Newswires
June 11, 2026 16:34 ET (20:34 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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