USSTOCK.TODAY
Regular Market
Log in Sign up

Qualcomm and Arm Holdings shares plunge following earnings reports

The Motley Fool +1 · ·by G4L

QCOM Qualcomm Inc
$171.47 +3.66%
View chart & analysis →
AAPL +2.43% ARM +6.69%
  1. 1Qualcomm and Arm Holdings released quarterly earnings on November 4.
  2. 2Qualcomm shares fell approximately 14% after missing earnings estimates.
  3. 3Arm Holdings shares fell 14% due to a weaker-than-expected outlook.

So what's the key point?

Qualcomm and Arm Holdings released their earnings reports. Both companies saw their stock prices drop by about 14% because the results were lower than expected or the outlook was weak.

Source The Motley Fool +1 · View original ↗

Related 3-line summaries

Analysis of Future Cash Flow Growth Potential for Magnificent 7 Companies The Motley Fool +1 · 6h agoSoftBank Group records first net loss in two years due to US data center project write-down Reuters +1 · 7h agoIntel took 25 years to recover to dot-com peak as semiconductor index rebounds Yahoo Finance +1 · 10h ago
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news