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Qualcomm (QCOM) Stock Surges Nine Days Straight — Time to Buy?

By Trader Edge at 2026-05-09 21:09

Sentiment: Positive

TLDR Qualcomm has gained for nine straight sessions — its longest winning streak since November 2023 — but is still down 20% in 2026. The stock’s 25% drop in Q1 2026 was its worst quarterly performance since 2002. Memory chip shortages are squeezing Qualcomm’s handset customers, particularly in China, limiting their ability to build phones. [...] The post Qualcomm (QCOM) Stock Surges Nine Days Straight — Time to Buy? appeared first on CoinCentral. Continue reading...

Categories: Stocks

Tags: #Stocks

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