Qualcomm Bombs

I honestly didn’t think Qualcomm‘s (QCOM) earnings and guidance were that bad. Nevertheless, the shares are taking a beating today. QCOM is currently down $8.41 to $51.85. That’s a loss of 14%. Ouch!

At the current price, QCOM yields 3.7%. And remember that they increased their dividend by 14% in March.

Posted by on November 5th, 2015 at 11:46 am


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