Shares of Qualcomm Inc.
advanced 2.90% to $128.66 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 1.71% to 4,438.26 and the Dow Jones Industrial Average
rising 1.56% to 34,912.56. This was the stock's second consecutive day of gains. Qualcomm Inc. closed $39.28 below its 52-week high ($167.94), which the company reached on January 20th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Alphabet Inc. Cl A
rose 2.59% to $2,823.02, NVIDIA Corp.
rose 3.85% to $217.46, and Cisco Systems Inc.
rose 1.89% to $55.65. Trading volume (10.6 M) eclipsed its 50-day average volume of 6.8 M.