Qualcomm stock rebounds as QCOM sets Feb. 4 earnings date after long slide
Qualcomm shares rose about 1.5% to $156.36 by late morning Wednesday, rebounding after seven straight days of losses. The company set its fiscal first-quarter earnings release for Feb. 4. Chip stocks broadly rallied, with sector ETFs up as much as 3%. Qualcomm’s stock remains about 25% below its late October high.