Qualcomm (NASDAQ:QCOM) and Apple Inc. (NASDAQ:AAPL) have announced that they have ended their differences, thus ending an acrimonious patent legal battle that had dragged on for over two years. The legal dispute had threatened Qualcomm’s central business model with the risk of having an overhang QCOM stock. Therefore it was no surprise that there was piling on the company from short-sellers with the hope of benefiting from QCOM’s woes.
Bearish Industry MarketAt the end of 2018, QCOM’s short interest increased tremendously with the bearish outlook attributed to the volatility the industry market experienced after pulling ...
Read The Full Article On StreetSignals.com
Get the latest stock market news on StreetSignals. Follow public companies and get free stock research reports and stock market analysis data and stock tips.
All content provided by StreetSignals is subject to our Terms Of Use and Disclaimer.