DJ Qualcomm Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Qualcomm Inc. $(QCOM)$ rallied 7.32% to $162.67 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.79% to 7,736.52 and the Dow Jones Industrial Average rising 1.71% to 54,085.88.
This was the stock's second consecutive day of gains.
Qualcomm Inc. closed 37.42% below its 52-week high of $259.92, which the company reached on May 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as NVIDIA Corp. $(NVDA)$ rose 2.56% to $211.94, Broadcom Inc. $(AVGO)$ rose 6.61% to $418.16, and Intel Corp. $(INTC)$ rose 10.84% to $100.86.
Trading volume (15.3 M) remained 3.9 million below its 50-day average volume of 19.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 4, 2026.