QUALCOMM (QCOM) Slips on Q1 Results

QUALCOMM, Inc. (NASDAQ: QCOM) shares fell 6.1% to $44.63. Qualcomm reported better-than-expected results for its fiscal first quarter, but the company issued a weak guidance for the second quarter. Share volume was 9.5 million, compared to an all-day average of 13.8 million