Qualcomm Inc. shares rose in the extended session Thursday after the chip maker slightly beat Wall Street expectations on earnings, and projected confidence amid an outlook that fell just short of the consensus.
Qualcomm QCOM shares rose 3% after hours, following a 1.9% decline in the regular session to close at $135.85. Analysts surveyed by FactSet had forecast $2.36 a share on revenue of $9.6 billion, based on Qualcomm’s forecast of $2.25 to $2.45 a share on revenue of $9.2 billion to $10 billion.
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5 things to know before the stock market opens ThursdayHere are the most important news items that investors need to start their trading day.
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