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NASDAQ:SWKS 28 October 2025 - 23 May 2026

Skyworks Shares Pop 12% Ahead of Holiday as Qorvo Deal Draws Attention

Skyworks Shares Pop 12% Ahead of Holiday as Qorvo Deal Draws Attention

Skyworks Solutions shares surged 12.08% to $82.42 Friday, capping a volatile week ahead of a three-day market pause. The move followed a new debt exchange offer tied to its pending Qorvo merger and updated SEC filings with combined financials. Qorvo rose 8.9%, Qualcomm 11.6%. Skyworks warned the Qorvo deal could be delayed or fail if closing conditions are not met.
Skyworks Soars 18% on $22B Qorvo Merger – What’s Next for the Chipmaker?

Skyworks Soars 18% on $22B Qorvo Merger – What’s Next for the Chipmaker?

Skyworks shares jumped nearly 18% to around $89 on Oct. 28 after announcing a $22 billion cash-and-stock deal to acquire Qorvo. Qorvo holders will receive $32.50 and 0.96 Skyworks shares per Qorvo share. Skyworks recently reported Q3 revenue of $965 million and non-GAAP EPS of $1.33, both above forecasts. Wall Street remains cautious, with an average 12-month target of $70.90.

Stock Market Today

  • AbraSilver Resource Posts New Diablillos DFS, Stock Valuation Debated
    June 28, 2026, 3:44 PM EDT. AbraSilver Resource (TSX:ABRA) released a new Definitive Feasibility Study (DFS) for its Diablillos project, updating investors on mine plan metrics and reserves. The stock recently traded at CA$14.46, showing volatility with a mix of short-term gains and a 21.5% decline over one month. Analysts note the company's Price to Book (P/B) ratio of 33.9x is low compared to its peer group average of 144.2x, suggesting relative value within early-stage metal exploration. However, this P/B is high against the broader Canadian mining sector average of 2.6x, reflecting market optimism driven by project prospects despite AbraSilver's CA$62.56 million operating losses and reliance on high-risk funding. Investor sentiment remains mixed on whether the stock price fairly accounts for future growth risks and rewards.

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