DJ Qualcomm Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Qualcomm Inc. $(QCOM)$ rallied 1.07% to $161.91 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.21% to 7,707.98 and the Dow Jones Industrial Average rising 0.22% to 53,463.05.
The stock's rise snapped a two-day losing streak.
Qualcomm Inc. closed 37.71% short of its 52-week high of $259.92, which the company reached on May 29th.
The stock outperformed some of its competitors Wednesday, as NVIDIA Corp. $(NVDA)$ fell 0.99% to $217.56, Broadcom Inc. $(AVGO)$ fell 4.61% to $362.48, and Intel Corp. $(INTC)$ fell 4.02% to $92.80.
Trading volume (8.1 M) remained 7.9 million below its 50-day average volume of 15.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 19, 2026.