Why Qorvo Stock Just Crashed 25%
Qorvo stock got a lot cheaper today, but isn't yet "cheap." Smartphone chipmaker Qorvo (QRVO -27.08%) crashed 25.5% through 10:55 a.m. ET Wednesday despite beating consensus projections for sales and earnings last night. Heading into its fiscal Q2 2025 earnings report, analysts forecast Qorvo would earn 1.03 billion in sales. Qorvo instead reported 1.05 billion -- beating on both top and bottom lines. Qorvo stock by the numbers But here ...