Qualcomm Analysts Present Cautious View Post-Earnings

By | November 6, 2014

Scalper1 News

Analysts presented a generally positive but cautious stance on Qualcomm after the company reported disappointing earnings late Wednesday, sending the stock down. Qualcomm’s fiscal Q4 earnings report late Wednesday spotlighted troubles the wireless chipmaker faces in China and from a maturing smartphone market. Qualcomm (QCOM) stock was down more than 11% on the stock market today, at a 12-month low near 69. Qualcomm is down 16% from a 14-year high Scalper1 News

Scalper1 News