Qorvo, a key Apple supplier reported strong earnings and guidance, but the stock dropped after the company warned of flat sales to its “largest customer.” ...
Qorvo, which makes radio-frequency chips for connectivity in Apple iPhones, iPads, and other devices, has a market value of almost $7 billion. The stock jumped 12% to $82.38 in morning trading.
What goes up must come down. Traders initially liked Qorvo (QRVO)'s third-quarter results and guidance, but comments about Apple spooked investors. Read for more.
Apple stock rises after falling ... Court upholds a ban on TikTok, and Qorvo stock jumps after activist Starboard Value amasses a large stake in the chip maker. Warren Buffett Owns 1 Vanguard ...
Qorvo shares initially surged more than 13% after the company reported better-than-expected earnings, but reversed due to comments made about sales ... which counts on Apple for an outsized ...