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0.000962463907603501 -0.00224574911774143 -0.000641642605068963 0.00256657042027585 0.00112287455887071 0.00882258581969838 0.0049727301892846 0.0049727301892846
Stock impact report

Qualcomm's stock soars on reports that Broadcom wants to buy it [Los Angeles Times (CA)]

QUALCOMM Incorporated (QCOM) 
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
Qualcomm's stock soars on reports that Broadcom wants to buy it Broadcom Ltd. reportedly is mulling a bid to acquire rival chip maker Qualcomm Inc. , a deal that could top $100 billion and be the largest in the semiconductor industry. The stock of San Diego-based Qualcomm shot up more than 15% at one point during trading Friday after reports surfaced that Broadcom was considering making an unsolicited offer. Qualcomm rose $6.97, or 12.7%, to close at $61.81 share, giving it a current market value of $91.3 billion. Broadcom rose $14.13, or 5.5%, to $273.63 a share. Qualcomm and Broadcom declined comment on the reports from Bloomberg and the Wall Street Journal, but Broadcom Chief Executive Hock Tan has a history of aggressively acquiring companies to bolster his company’s growth. The reports came one day after Tan held a news conference with President Trump to announce that Broadcom, currently based in Singapore with a primary U.S. office in San Jose, plans to move its corp Show less Read more
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