Qualcomm Shares Higher After U.S. Appeals Court Throws Out Antitrust Ruling
August 11 2020 - 1:06PM
Dow Jones News
By Stephen Nakrosis
Shares of Qualcomm Inc. are moving higher on the Nasdaq Tuesday
following news that a U.S. appeals court tossed out an antitrust
ruling against the company.
At 12:30 p.m. EDT, the company's stock had risen 4.23% to trade
at $110.85. The stock opened at $106.20 and had traded as low as
$104.74 earlier in the session.
The Wall Street Journal said the Ninth Circuit Court of Appeals
threw out a trial judge's antitrust judgment against the
company.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
August 11, 2020 12:51 ET (16:51 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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