Will Qualcomm Stock Return To Pre-Inflation Shock Highs Of $189?

People walk past a Qualcomm booth during the China International Supply Chain Expo (CISCE) in ... [+] Beijing on December 1, 2023. (Photo by JADE GAO / AFP) (Photo by JADE GAO/AFP via Getty Images)AFP via Getty ImagesQualcomm stock currently trades at $153 per share, roughly 20% below its pre-inflation shock high of $189, seen in December 2021, and has the potential for meaningful gains. QCOM saw its stock trading at around $128 in late June 2022, just before the Fed started increasing interest rates, and i ...