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.
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