Qualcomm: Break-Up Would Be ‘Value Destructive,’ Says Morgan Stanley

Tech Trader Daily
By Tiernan RayJul 27, 2015, 11:25 am370 pts
Shares of Qualcomm (QCOM) are up 59 cents, or 1%, at $62.23, as the Street contemplates what to do with the stock as it undergoes its “strategic realignment,” announced last week. That move will involve thousands of job cuts, and the company is also considering breaking apart into two pieces, a chipset…

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