Qualcomm Ends Down 8.16% After 4Q Loss -- Data Talk
09 November 2018 - 09:15AM
Dow Jones News
Qualcomm Incorporated (QCOM) closed at $58.05, down $5.16 or
8.16%
-- Lowest close since July 11, 2018, when it closed at
$57.30
-- Largest percent decrease since January 23, 2017, when it fell
12.72%
-- On Wednesday, Qualcomm posted a fourth-quarter loss of $493
million, or 35 cents a share, compared with a profit of $168
million, 11 cents a share, in the year-earlier period. On an
adjusted basis, the company reported profit of 90 cents a share,
surpassing the 83 cents a share expected by analysts polled by
FactSet
-- The company forecasts first-quarter adjusted earnings to be
between $1.05 a share and $1.15 a share, ahead of the consensus
forecast from analysts of 94 cents a share
-- Down 7.7% month-to-date
-- Down 9.33% year-to-date; on pace for worst year since 2015,
when it fell 32.75%
-- Down 10.14% from 52 weeks ago (November 9, 2017), when it
closed at $64.60
-- Down 22.69% from its 52-week closing high of $75.09 on
September 14, 2018
-- Fourth-worst performer in the S&P 500 today
-- Fifth-most-active stock in the S&P 500 today
-- Third-worst performer in the Nasdaq 100 today
-- Most-active stock in the Nasdaq 100 today
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
November 08, 2018 17:00 ET (22:00 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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