stableBearishTECHNOLOGY
Qualcomm Shares Drop After Weak Guidance Despite Beating Quarterly Earnings
5 signals from 3 sources·Updated Yesterday
Momentum
57/100
Affected tickers
QCOM
Summary
Qualcomm shares fell between 4% and 6% following a weak forward outlook, despite beating earnings expectations for the quarter. While one report frames the 26% decline in handset chip revenue as a crash, others describe…
Impact
Contributing sources (5)
- Qualcomm handset chip revenue crashes 26%, stock falls 4% as phone business shrinks · fool.com · 3 days ago
- Qualcomm stock falls as Apple loss and memory costs weigh on sales · marketwatch.com · 3 days ago
- Qualcomm stock falls 7% after issuing a weaker-than-expected earnings forecast for the next quarter · cnbc.com · 3 days ago
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