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January 23, 2017 03:52 pm GMT

Qualcomm stock takes a sharp hit on heels of Apple and FTC filings

LAS VEGAS, NV - JANUARY 06:  Qualcomm CEO Steve Mollenkopf speaks during a press event at the Mandalay Bay Convention Center for the 2014 International CES on January 6, 2014 in Las Vegas, Nevada. CES, the world's largest annual consumer technology trade show, runs from January 7-10 and is expected to feature 3,200 exhibitors showing off their latest products and services to about 150,000 attendees.  (Photo by Justin Sullivan/Getty Images)A rough start to the week for Qualcomm stock following a week that brought some major bad news in the form of an FTC antitrust complaint and a one $1 billion or so suit from one-time ally Apple.The chipmaker was already stumbling from an FTC complaint a week back that accused the company of instituting a “no license, no chips” policy that instituted higher fees and held down… Read More

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