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Business
Sam Quirke

EXPLAINED: Qualcomm stock doubles new era or another false start | Vintage Vibes

Qualcomm MarketBeat

Shares of Qualcomm Inc (NASDAQ: QCOM) are trading around $210 after one of their most explosive rallies in recent years. Just last month, the stock traded as low as $122, but earlier this week it was up near $250. While it’s cooled slightly in the last few sessions, that’s still a rapid gain of more than 100%—not bad for a stock that has one of the worst track records when it comes to frustrating investors.

The rally has also pushed Qualcomm to its first all-time high since 2024, a milestone that has reignited a debate investors have had around the stock for years.

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