Technology Shares Fall as Trump Blocks Deal -- Tech Roundup

Date : 03/14/2018 @ 1:05AM
Source : Dow Jones News
Stock : Qualcomm Incorporated (QCOM)
Quote : 55.99  -1.12 (-1.96%) @ 1:00AM
Qualcomm Incorporated share price Chart

Technology Shares Fall as Trump Blocks Deal -- Tech Roundup

Qualcomm Incorporated (NASDAQ:QCOM)
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1 Year : From Dec 2017 to Dec 2018

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Technology shares led the market lower after President Donald Trump blocked a big sector deal. Trump stopped Singapore-based Broadcom's $117 billion hostile offer for Qualcomm, quashing what would have been the biggest-ever tech deal, citing national-security concerns raised by China's growing strength in an array of advanced technologies. China makes up nearly two thirds of San Diego-based Qualcomm's revenue.


(END) Dow Jones Newswires

March 13, 2018 20:50 ET (00:50 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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