Qualcomm Surges Over 20% After Agreeing to Drop Apple Litigation -- Data Talk
17 April 2019 - 6:22AM
Dow Jones News
Qualcomm Incorporated (QCOM) is currently at $68.73, up $11.55
or 20.2%
-- Would be highest close since Oct. 9, 2018, when it closed at
$70.13
-- On pace for largest percent increase since Dec. 29, 1999,
when it rose 31.01%
-- Earlier Tuesday, Apple Inc. and Qualcomm agreed to dismiss
all litigation between the two companies world-wide, on the day the
two sides began a courtroom trial to settle their legal dispute.
Financial terms of the agreement weren't disclosed
-- Currently up three consecutive days; up 22.95% over this
period
-- Best three-day stretch since the three days ending July 25,
2008, when it rose 23.47%
-- Up 20.52% month-to-date
-- Up 20.77% year-to-date
-- Up 24.17% from 52 weeks ago (April 17, 2018), when it closed
at $55.35
-- Up 21.51% at today's intraday high; largest intraday percent
increase since July 24, 2008, when it rose as much as 21.62%
-- Best performer in the S&P 500 today
-- Second-most-active stock in the S&P 500 today
-- Best performer in the Nasdaq 100 today
-- Most-active stock in the Nasdaq 100 today
All data as of 3:44:34 PM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
April 16, 2019 16:07 ET (20:07 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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