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Qualcomm shares dropped as BOS and Natixis reduced holdings, and earnings missed estimates.
Qualcomm saw a reduction in shares held by BOS Asset Management and Natixis, with BOS lowering its stake to 1,586 shares and Natixis decreasing its holdings by 57.2% to 166,805 shares.
The company reported earnings per share of $2.86, missing estimates by $0.07.
Qualcomm's CFO, Akash J. Palkhiwala, also sold shares, reducing his ownership by 4.54%.
Institutional investors own 74.35% of the stock.
3 Articles
Las acciones de Qualcomm cayeron a medida que BOS y Natixis redujeron sus participaciones, y las ganancias no alcanzaron las estimaciones.