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Qualcomm Shares Pare Gains to Under 3% After Surging Over 8%

Published: Updated: By 24TopNews Editorial Desk

Qualcomm's stock price trimmed its advance to less than 3 percent, after having surged more than 8 percent earlier in the session. The pullback reflects a moderation in investor enthusiasm following the initial sharp rally.

Qualcomm's share price pared its gains to under 3 percent, after having risen more than 8 percent earlier in the trading session. The stock's rally lost momentum as the session progressed, with the initial surge giving way to a more subdued advance.