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Qualcomm (QCOM): Earnings Delayed, But Stock Rallies
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The afternoon did not start well for Qualcomm (QCOM) The German Federal Patent Court ruled on Wednesday that the company’s GSM patent asserted in a case against the world’s top cellphone maker, Nokia (NOK), was invalid.
Earnings were delayed until tomorrow, which took that stock up 15%. How does that figure?
Douglas A. McIntyre
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