Shares of Qualcomm Inc. QCOM, +1.88%, was up 1.88% to $142.17 on Wednesday in what proved to be an overall favorable trading session for the stock market, with the S&P 500 Index SPX, up 0.82%, up 0.82 % to 4,358.69 and the Dow Jones Industrial Average DJIA, +0.83%, up 0.83% to 34,798.00. This was the share’s second consecutive day of gains. Qualcomm Inc. closed $25.77 lower than its 52-week high ($167.94), which the company reached on Jan. 20.
The stock showed a mixed performance compared to some of its competitors Wednesday, as Alphabet Inc. Cl A GOOGL, +1.06% up 1.06% to $2,550.98, NVIDIA Corp. NVDA, +4.29% up 4.29% to $194.10, and Cisco Systems Inc. CSCO, +0.56% was up 0.56% to USD 53.88. Trading volume (6.2 million) remained 1.2 million below the 50-day average volume of 7.4 million.