25 days ago • Posted by William Ramstein

Qualcomm falters, PayPal rises post earnings

In corporate news, e-commerce giant eBay jumped $3.08, or 5.3%, to $61.12, after the company’s profit climbed, beating analysts’ projections. PayPal rose $18.53, or 7.4%, $270.43, after reporting its earnings tripled from a year earlier. Chip maker Qualcomm slid $14.33, or 8.8%, to $147.97, after it posted revenue that came slightly below expectations and said its results were hit by supply constraints.- Bloomberg

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