Qualcomm falls and Apple rises after latest fight ends in a draw

Bradley Prior

MyBroadband Journalist
Staff member
Super Moderator
Joined
Oct 16, 2018
Messages
3,282
Qualcomm falls and Apple rises after latest fight ends in a draw

Qualcomm Inc. fell and Apple Inc. rose Wednesday as whipsawed investors tried to interpret conflicting decisions in the long-running dispute between the companies over patent royalties.

Qualcomm was down as much as 2.9 percent in New York trading, the day after shares rose on a preliminary victory in one of two cases at the U.S. International Trade Commission in Washington. Apple was up more than 1 percent after it escaped an import ban on the second of those cases. [Bloomberg]
 
Top