Qualcomm stock drops 7% on weak earnings forecast as memory shortage weighs on smartphone sales

Headline from CNBC · First reported Nov 4, 6:38 PM ET (16h ago) · Updated Nov 5, 10:15 AM ET · 2 sources, 2 articles

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Qualcomm delivered better-than-expected results but issued a weak earnings forecast.

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Left · BloombergQualcomm Shares Fall Most in Six Months After Weak Profit Forecast

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BloombergLeft-CenterMostly Factual·Nov 5, 10:15 AM ET

Qualcomm Shares Fall Most in Six Months After Weak Profit Forecast

Qualcomm shares slid 14% at the open of trading on Thursday after the company gave a lackluster profit forecast. If the decline holds through the close of trading it would be its worst day since 2020. Bloomberg's Ryan Vlastelica reports. (Source: Bloomberg)

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CNBCLeast BiasedHigh·Nov 4, 6:38 PM ET

Qualcomm stock drops 7% on weak earnings forecast as memory shortage weighs on smartphone sales

Qualcomm delivered better-than-expected results but issued a weak earnings forecast.

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No right outlets in our sources have covered this yet.

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