Qualcomm Inc. shares decline in the extended session Wednesday after the chip maker's outlook fell short of Wall Street estimates. Read More...
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Qualcomm Inc. shares fell in the extended session Wednesday after the chip maker said inventory issues will remain past June because of a downturn in handset demand and the company’s outlook disappointed.
After declining 2.8% to close the regular session $112.83, Qualcomm QCOM shares started sliding after the release of the company’s results at Wednesday’s close, and sank to a deficit of more than 7% after hours by the time the executives’ call with analysts ended.
On…
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