Qualcomm Inc. Stock Rises 3.8%, Outperforms Peers
Dow Jones2026/08/31 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Qualcomm Inc. rose 3.8% to $170.48 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.3% to 7,686.14 and Dow Jones Industrial Average falling 0.7% to 53,185.90.
Qualcomm Inc. closed 34.4% below its 52-week high of $259.92, which the company reached on May 29th.
The stock outperformed some of its peers, as NVIDIA Corp. rose 1.5% to $220.78, Broadcom Inc. rose 0.4% to $370.34, and Intel Corp. remained unchanged.
Trading volume totaled 11.3 million, compared to the 50-day average of 14.7 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 31, 2026 16:35 ET (20:35 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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