Qualcomm jumps 15% after settling with Huawei and issuing strong earnings guidance (QCOM)

Qualcomm jumps 15% after settling with Huawei and issuing strong earnings guidance (QCOM)

Business Insider

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· *Qualcomm on Wednesday reported fiscal third quarter earnings and announced that it had reached a settlement with Huawei that boosted its fourth-quarter outlook. *
· *Shares of the company jumped as much as 15% in intraday trading Thursday. *
· *Qualcomm expects that in its fiscal fourth quarter, its revenue will...

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