Shares of Qualcomm Inc. QCOM, + 2.61% rose 2.61% to $ 138.96 Monday, on what turned out to be an all-round mixed trading session for the stock market, with the S&P 500 Index SPX up 0.18% up 0.18% to 4,187.62 and the Dow Jones Industrial Average DJIA, declined -0.18% by 0.18% to 33,981.57. This was the stock’s second consecutive day of earnings. Qualcomm Inc. closed at $ 28.98 below its 52-week high ($ 167.94), which the company reached on Jan. 20.
The stock outperformed some of its competitors on Monday: Alphabet Inc. Cl A GOOGL, + 0.43% increased 0.43% to $ 2,309.93, NVIDIA Corp. NVDA, + 1.39%, rose 1.39% to $ 619.12, and Cisco Systems Inc. CSCO, -0.52% decreased 0.52% to $ 51.64. The trade volume (9.7 million) remained 556,811 below the 50-day average volume of 10.3 million.