DJ Qualcomm Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Qualcomm Inc. $(QCOM)$ rose 3.40% to $139.81 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.47% to 5,686.67 and the Dow Jones Industrial Average rising 1.39% to 41,317.43.
Qualcomm Inc. closed 39.38% below its 52-week high of $230.63, which the company reached on June 18th.
The stock outperformed some of its competitors Friday, as NVIDIA Corp. $(NVDA)$ rose 2.59% to $114.50, Broadcom Inc. $(AVGO)$ rose 3.20% to $203.64, and Intel Corp. $(INTC)$ rose 3.20% to $20.62.
Trading volume (13.1 M) eclipsed its 50-day average volume of 9.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 2, 2025.
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May 02, 2025 16:35 ET (20:35 GMT)
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