Qualcomm Inc. Stock Outperforms Competitors On Strong Trading Day

Dow Jones
03-06

DJ Qualcomm Inc. Stock Outperforms Competitors On Strong Trading Day

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Qualcomm Inc. $(QCOM)$ rallied 2.61% to $158.49 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.12% to 5,842.63 and the Dow Jones Industrial Average rising 1.14% to 43,006.59.

This was the stock's second consecutive day of gains.

Qualcomm Inc. closed 31.28% below its 52-week high of $230.63, which the company reached on June 18th.

The stock outperformed some of its competitors Wednesday, as NVIDIA Corp. $(NVDA)$ rose 1.13% to $117.30, Broadcom Inc. $(AVGO)$ rose 2.19% to $191.58, and Intel Corp. $(INTC)$ fell 2.44% to $20.81.

Trading volume (6.8 M) remained 1.2 million below its 50-day average volume of 8.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled March 5, 2025.

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March 05, 2025 16:35 ET (21:35 GMT)

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