Shares of Qualcomm Inc. QCOM, +0.12% was up 0.12% to $138.40 Thursday in what turned out to be an all-encompassing gloomy trading session for the stock market, with the S&P 500 Index SPX, down 0.16%, down 0.16%. 16% to 4,473.75 and Dow Jones Industrial Average DJIA, -0.18% down 0.18% to 34,751.32. The stock’s rise ended a two-day losing streak. Qualcomm Inc. closed $29.54 below the 52-week high ($167.94) the company reached on Jan. 20.
The stock outperformed some of its competitors on Thursday as Alphabet Inc. Cl A GOOGL, -0.57% down 0.57% to $2,872.20, NVIDIA Corp. NVDA, -0.44% fell 0.44% to $222.42, and Cisco Systems Inc. CSCO, -0.40% fell 0.40% to $57.33. Trading volume (6.7 million) remained 83,553 below the 50-day average volume of 6.8 million.