Qualcomm Stock Drops as Licensing Revenue Outweighs Record Sales
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Qualcomm's stock is down 5% in premarket trading due to lower-than-expected licensing revenue, despite achieving record quarterly sales.
February 06, 2025 | 11:15 am
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Qualcomm's stock is experiencing a 5% decline in premarket trading. The drop is attributed to lower-than-expected licensing revenue, which has overshadowed the company's record quarterly sales.
The decline in Qualcomm's stock price is primarily due to the market's reaction to the lower-than-expected licensing revenue. Although the company reported record sales, the licensing revenue is a significant part of its business model, and the shortfall has negatively impacted investor sentiment.
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