Qualcomm shares are trading lower after HSBC downgraded the stock from Buy to Hold.
Portfolio Pulse from Benzinga Newsdesk
Qualcomm shares are trading lower after HSBC downgraded the stock from Buy to Hold.
July 17, 2024 | 11:10 am
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NEGATIVE IMPACT
Qualcomm shares are experiencing a decline following HSBC's downgrade from Buy to Hold.
HSBC's downgrade from Buy to Hold is a significant negative signal for investors, leading to a short-term decline in Qualcomm's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100