Why Qualcomm Stock Could Be Heading For A Correction?

Qualcomm (QCOM) has faced challenges in the past. Its stock dropped by more than 30% over a period of less than two months in 2020, leading to a loss of billions in market value and erasing substantial gains in a single downturn. If past trends are an indicator, QCOM stock is susceptible to abrupt and significant downturns.The Qualcomm Incorporated logo is being displayed at their pavilion during the Mobile World Congress in Barcelona, Spain, on February 28, 2024. Qualcomm, an American multinational corpora ...