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Qualcomm Inc. stock rises Thursday, outperforms market

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Terrence Horan

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Shares of Qualcomm Inc. QCOM, +1.20% 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 SPX, +0.75% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, +1.09% 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 GOOGL, +0.15% rose 2.59% to $2,823.02, NVIDIA Corp. NVDA, +0.53% rose 3.85% to $217.46, and Cisco Systems Inc. CSCO, -0.72% rose 1.89% to $55.65. Trading volume (10.6 M) eclipsed its 50-day average volume of 6.8 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.