viewQUALCOMM, Inc.

Qualcomm, Dicks Sporting Goods, Commercial Vehicle Group and more - PRE-MARKET

We look at what's moving the needle before the bell in New York

Chipmaker Qualcomm in focus before the bell

US futures are pointing higher on Tuesday as attention turns to inflation data later.

In focus in pre-market deals is Qualcomm Inc (NASDAQ:QCOM), whose shares are down 4.79% to US$59.80, after the President of the US,  Donald Trump blocked a planned takeover of the chipmaker by Singapore-based rival Broadcom on grounds of national security.

Broadcom shares added 0.44% to US$264 each in the extended session.

Meanwhile, Dicks Sporting Goods Inc (NYSE:DKS) dropped almost 7% after the bell at US$30.30 as the fourth quarter numbers failed to impress.

Earnings for the holiday period slightly beat analyts' expectations, but revenue comes in short.

Revenue was US$2.66bn, below analysts' expectations for US$2.74bn in sales.

Elsewhere, shares in DSW Inc (NYSE:DSW) shed 1.79% to US$19.25 after the footwear retailer missed fiscal fourth-quarter expectations on revenue and provided a downbeat outlook, offsetting a profit beat and a raised dividend.

Commercial Vehicle Group Inc (NASDAQ:CVGI)  saw shares shed 16.82% to US$9.25 as it posted downbeat results for the fourth quarter.

Quick facts: QUALCOMM, Inc.

Price: 149.98 USD

Market: NASDAQ
Market Cap: $169.63 billion

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...


First Cobalt Corp takes step forward the Cobalt Camp with the start of...

First Cobalt Corp (CVE: FCC- OTCQX: FTSSF) Vice President of Exploration Frank Santaguida joined Steve Darling from Proactive to shares news the company is getting to work starting a geophysical survey to follow up on high-grade silver and cobalt intercepts in a historic mining area of the...

12 hours, 16 minutes ago

2 min read