Scalper1 News
Apple (AAPL) supplier Qualcomm (QCOM) inked a deal Wednesday with Chinese smartphone maker Xiaomi, resolving a piece of a continuing overseas royalty battle that dented the chipmaker’s September-quarter sales and dampened December-quarter guidance. In early trading on the stock market today, Qualcomm stock had jumped more than 7%, near 53, on news of the Xiaomi licensing deal. Qualcomm stock, though, is down nearly 35% this year. Per the Scalper1 News
Scalper1 News