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Share Name | Share Symbol | Market | Type |
---|---|---|---|
QUALCOMM Inc | NASDAQ:QCOM | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-1.94 | -1.08% | 178.16 | 178.11 | 178.16 | 183.19 | 177.91 | 182.24 | 4,434,621 | 16:46:06 |
By Stephen Nakrosis
Shares of Qualcomm Inc. (QCOM) are among the most actively traded Wednesday, gaining over 11% a day after the company and Apple Inc. (AAPL) announced a settlement to dismiss all litigation related to the companies' battle over patent royalties.
At 1:52 p.m. ET, Qualcomm's shares had risen 10.89% to trade at $78.10. More than 117.8 million shares had traded, above the 65-day average volume of some 15.4 million.
Apple shares also are up on the day, gaining 1.98% to trade at $203.18.
The terms of the settlement also include a six-year licensing agreement, a multiyear chipset supply agreement and a payment from Apple to Qualcomm.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
April 17, 2019 14:14 ET (18:14 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year QUALCOMM Chart |
1 Month QUALCOMM Chart |
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