Qualcomm Inc (NASDAQ:QCOM) experienced a significant drop in its share price during early trading on Thursday, following the announcement of weaker guidance. The company’s latest earnings release garnered attention from analysts, with various takeaways worth noting. Susquehanna’s analyst, Christopher Rolland, maintained a Positive rating on the stock while raising the price target from $140 to…
The trend of mega cap growth stocks splitting shares continues. Tesla (TSLA) plans to ask shareholders to authorize additional shares to enable a stock split at this year’s annual meeting. This would mark the second split for the TSLA in two years. The Pavlovian response has been to buy the stock on these announcements. Do…
Tech giant Amazon (AMZN) announced a 20-for-1 split its stock last week. This caught the markets attention as the Pavlovian response is to buy shares into and post-split. Shares of Amazon (AMZN) initially rallied 6% on news. It has had difficulty holding those gains in a tough tape. Peers Apple (AAPL) and Tesla (TSLA) saw…
