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Qualcomm (QCOM) Moves 11.1% Higher: Will This Strength Last?
ZACKSยท 2025-10-28 11:51
Qualcomm (QCOM) shares soared 11.1% in the last trading session to close at $187.68. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 0.2% loss over the past four weeks.With the accelerated rollout of 5G technology, QCOM is benefiting from investments toward building a licensing program in mobile. The company is well-positioned to meet its long-term revenue targets driven by solid 5G traction, greater visibility and a diversified ...