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Actionable news in QCOM: QUALCOMM Incorporated,

Qualcomm (QCOM) Stock Continues Plunge After Earnings Miss

NEW YORK (TheStreet) -- Qualcomm (QCOM - Get Report) stock continues to decline, down 13.76% to $51.97, on heavy trading volume on Thursday morning, after the company's 2015 fourth quarter earnings results missed analysts' expectations.

After the market close on Wednesday, the wireless technology company reported earnings of 67 cents per share for the fourth quarter.

Revenue declined by 18% year over year to $5.5 billion for the most recent quarter.

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