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Why Did Qualcomm Fall 7.4% in November?

Why Did Qualcomm Fall 7.4% in November?

Qualcomm’s (QCOM) stock price has been under pressure in 2018. All of the semiconductor companies have felt pressure amid US-China trade war concerns and global uncertainty. Qualcomm’s stock price has declined almost 9% in the past year as of December 4. Qualcomm stock fell ~7.4% in November amid global pressure and a major sell-off in the tech sector in October.