Qorvo Dips On Slowing Apple, Samsung Sales Forecasts

By | November 9, 2015

Scalper1 News

Qorvo (QRVO) stock dipped Monday on Wall Street — partially reversing Friday’s 23% meteoric rise — after one analyst worried that slowing Apple (AAPL) and Samsung smartphone sales could cripple the chipmaker’s fiscal Q3 and Q4 revenue. Across the board, Apple chip suppliers were largely down Monday with major indexes. The S&P 500, Dow Jones industrial average and Nasdaq all dipped more than 1%. Qorvo stock suffered the worst among Apple chip Scalper1 News

Scalper1 News