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Why Qualcomm Stock Tumbled on Thursday
Yahoo Finance· 2025-09-25 22:21
Key Points The company put a bow on its annual Snapdragon Summit. It introduced new processors to the public. 10 stocks we like better than Qualcomm › Sturdy semiconductor company Qualcomm (NASDAQ: QCOM) was looking a touch shaky on the stock exchange on Thursday. After something of a rally coinciding with its annual Snapdragon Summit, it fell by more than 2%. Contributing factors included profit-taking, concerns about newly announced chips, and an analyst recommendation downgrade. The summit conc ...