Shares of Qualcomm Inc.
inched 0.55% higher to $139.55 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 1.52% to 4,323.06 and the Dow Jones Industrial Average
rising 1.62% to 34,511.99. The stock’s rise snapped a three-day losing streak. Qualcomm Inc. closed $28.39 below its 52-week high ($167.94), which the company achieved on January 20th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Alphabet Inc. Cl A
rose 1.31% to $2,524.19, NVIDIA Corp.
fell 0.89% to $186.12, and Cisco Systems Inc.
rose 0.98% to $53.58. Trading volume (6.0 M) remained 1.6 million below its 50-day average volume of 7.7 M.
Go to the news source: Qualcomm Inc. stock rises Tuesday, still underperforms market