Qualcomm Shares Fall 9.8% After Company Warns of Weaker Margins
Qualcomm posted better-than-expected fiscal fourth-quarter revenue but warned of weaker margins. Its shares fell 9.8% in premarket trading.
By George GloverStock futures were diverging on Thursday, with investors rotating out of technology as the previous session's relief rally faded.Qualcomm tumbled 9.8% in premarket trading. The semiconductor maker posted better-than-expected fiscal fourth-quarter revenue but warned of weaker margins…