Qualcomm Ends Down 8.16% After 4Q Loss -- Data Talk

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)

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