Qualcomm stock slips in year-end trade as chip shares cool; what QCOM investors watch next
Qualcomm shares fell 1% to $171.86 in afternoon trading Wednesday, underperforming chip peers as tech stocks slipped in thin year-end trade. The iShares Semiconductor ETF dropped 0.8%, while the S&P 500 ETF eased 0.4%. Investors are watching for Qualcomm’s Feb. 4 earnings and the Fed’s late-January meeting.