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Qualcomm Inc. stock underperforms Friday when compared to competitors despite daily gains

Shares of Qualcomm Inc. QCOM, + 1.85% rose 1.85% to $ 135.43 Friday, which proved to be an all round great trading session for the stock market, with the S&P 500 Index SPX, + 1.09% up 1.09% to 4,180.17 and the Dow Jones Industrial Average DJIA, up 0.67%, up 0.67% to 34,043.49. Qualcomm Inc. closed at $ 32.51 below its 52-week high ($ 167.94), which the company hit on Jan. 20.

The stock showed a mixed performance against some of its competitors on Friday, such as Alphabet Inc. Cl A GOOGL, + 2.10% rose 2.10% to $ 2,299.93, NVIDIA Corp. NVDA, + 2.79%, rose 2.79% to $ 610.61, and Cisco Systems Inc. CSCO, + 0.80%, rose 0.80% to $ 51.91. The trade volume (7.6 million) remained 2.7 million below the 50-day average volume of 10.3 million.

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

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