Qualcomm stock in focus after proxy filing tees up 24 million-share plan vote ahead of Feb. 4 earnings
Qualcomm shares slipped 1.25% on Friday, closing at $155.82. Traders cited a mixed day for chip stocks and a new SEC proxy filing highlighting executive pay and stock-based compensation as factors weighing on the stock. With U.S. markets closed Saturday, all eyes now turn to what hurdles Qualcomm faces in the coming week.