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Qualcomm Trading Volume Drops 26.87% to $904 Million Despite Four-Day Winning Streak
Generated by AI AgentAinvest Market Brief
Friday, May 9, 2025 7:41 pm ET1min read
On May 9, 2025, Qualcomm's trading volume reached $904 million, marking a 26.87% decrease from the previous day. The company's stock price rose by 0.06%, extending its winning streak to four consecutive days, with a total increase of 4.12% over the past four days.
Seaport Global has initiated coverage of
(QCOM) with a neutral rating. This rating reflects the analysts' view that Qualcomm's core market is not experiencing significant growth and that the company is facing challenges in maintaining its market position.Despite the neutral rating from
, other analysts maintain an average overweight rating for Qualcomm. This discrepancy in ratings suggests a mixed outlook on the company's future performance, with some analysts remaining optimistic about its prospects.
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