Qorvo Inc. closed 36.09% short of its 52-week high of $130.99, which the company reached on July 16th.

Qorvo is expected to release 2024 fiscal-year third-quarter earnings on Jan. 28 after the market closes. Piper Sandler upgraded the stock from a Neutral rating to a Overweight rating and raised ...

STORY: U.S. stocks rallied on Friday with the S&P 500 and Dow notching their biggest ... quarter percent on speculation of a takeover. And Qorvo shot up nearly 14.5% after activist investor ...

GREENSBORO, N.C., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Company’s ...

Shares of Qorvo Inc. QRVO slid 2.11% to $85.78 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.92% to 6,067.70 and the Dow Jones Industrial Average DJIA rising 0.31% to 44,850.35.

Qorvo stock is moving higher on Friday following a Wall Street Journal report revealing that activist investor Starboard Value has acquired a 7.7% stake in the company.

AbbVie saw fourth-quarter sales handily beat Wall Street's projections as gains from its newer anti-inflammatory drugs helped offset declines from Humira, once its best performing asset. The drugmaker logged a loss of $22 million, or 2 cents a share, compared to earnings of $822 million, or 46 cents a share, a year earlier.

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For the quarter ended December 2024, Qorvo (QRVO) reported revenue of $916.32 million, down 14.7% over the same period last year. EPS came in at $1.61, compared to $2.10 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $901.

Qorvo (QRVO) came out with quarterly earnings of $1.61 per share, beating the Zacks Consensus Estimate of $1.20 per share. This compares to earnings of $2.10 per share a year ago. These figures are adjusted for non-recurring items.

An exchange-traded fund that equally weights stocks in the S&P 500 was climbing sharply Thursday, as most of the U.S. equity index’s sectors were up in afternoon trading. The Invesco S&P 500 Equal Weight ETF was rising 1.

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