Why Qorvo Stock Tanked This Week
Qorvo(QRVO) The Motley Fool·2024-11-01 23:04The chip supplier really had a fiscal second quarter to forget.An estimates-beating quarter couldn't save Qorvo (QRVO 1.23%) from being heavily punished by the market over the past five trading days.Despite the beats, investors -- not to mention professional Qorvo watchers -- clearly didn't like what they saw with the company's fiscal second quarter of 2025 performance, and many bailed from the stock. According to data compiled by S&P Global Market Intelligence, this left it with a more-than 27% price drop ...