Qualcomm stock has a few catalysts heading its way
Qualcomm, Inc. (NASDAQ:QCOM) has multiple catalysts ahead. The company already announced many of the positive developments yet the stock price hardly moved. The FTC’s antitrust case against the company is just beginning but improving fundamentals outweigh those risks.
An announcement from BlackBerry Ltd (NASDAQ:BBRY) and Qualcomm sent QCOM stock lower.
In an arbitration decision, Qualcomm will pay nearly $815 million to BlackBerry. The royalty over-payments will not hurt the relationship between the two companies, as both are vying to enter markets beyond smartphones. Therefore, QCOM stock investors should expect future collaborations and deals between the two companies despite the arbitration decision.