Shares of Qualcomm Inc. QCOM, +1.96% advanced 1.96% to $186.33 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.38% rising 1.38% to 4,791.19 and the Dow Jones Industrial Average DJIA, +0.98% rising 0.98% to 36,302.38. This was the stock’s fourth consecutive day of gains. Qualcomm Inc. closed $6.35 below its 52-week high ($192.68), which the company reached on December 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Alphabet Inc. Cl A GOOGL, +0.67% rose 0.67% to $2,958.13, NVIDIA Corp. NVDA, +4.40% rose 4.40% to $309.45, and Cisco Systems Inc. CSCO, +1.83% rose 1.83% to $63.42. Trading volume (4.9 M) remained 6.4 million below its 50-day average volume of 11.2 M.