Qualcomm, We Have an Apple Problem


Qualcomm stock was lower Tuesday after a KeyBanc analyst downgraded shares of the tech company over concerns that Apple will create its own modem, while personal computer demand still hasn’t recovered. Qualcomm makes products for wireless technology, like phones and laptops. John Vinh downgraded shares of Qualcomm to Sector Weight from Overweight without a price target on Tuesday.



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