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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 164.11 | 171.70 | 171.80 | 0 | 01:00:00 |
By Stephen Nakrosis
Shares of Qualcomm Inc. (QCOM) are rising in Tuesday's after-hours market, following media reports the U.S. Department of Justice asked a court to hold an antitrust order that would have made the company change the way it licensed its patents.
At 5:53 p.m. ET, Qualcomm shares had gained 4.12% to trade at $78.85. Over 800,000 shares had traded in the after-hours session. The company's shares closed the day's regular session with a gain of 0.32% to finish at $75.67.
Bloomberg reported the Justice Department, citing national security concerns among others, asked the U.S. Court of Appeals in San Francisco to put a hold on the order until the company could appeal.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
July 16, 2019 18:16 ET (22:16 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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