Qualcomm Inc. shares decline in the extended session Wednesday after the chip maker's outlook fell short of Wall Street estimates.
Qualcomm Inc. shares declined in the extended session Wednesday after the chip maker’s outlook fell short of Wall Street estimates.
Qualcomm QCOM shares fell 3% after hours, following a regular-session decline of 2.8% to close at $112.83. Analysts surveyed by FactSet had forecast $2.15 a share on revenue of $9.09 billion, based on Qualcomm’s forecast of $2.05 to $2.25 a share on revenue of $8.7 billion to $9.5 billion.
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