Virtu Financial LLC has invested $1.21 million in
Qorvo, Inc., while
Oddo BHF Asset Management Sas have attained a new position in Qorvo.
Barclays PLC and
Worldquant Millennium Advisors LLC, however, lowered their stakes in the company. The company underperformed in the market on a few occasions, and it experienced a stock fall which led to investors enduring a loss of 56% from three years ago.
Philip Chesley, sells 4,045 Qorvo shares.
Qorvo has made significant strides, earning the 2024 Most Respected Semiconductor Company Award from
GSA and announcing its presentation at the Barclays 22nd Annual Global Technology Conference. Their stock is however tanked this week as the company has posted surprise loss and is facing imminent slump. Statements pointing towards a shaky smartphone outlook and a stock slide have overshadowed their Q1 and Q2 earning beats. Despite market challenges, Q2 2025 earnings call highlighted strong revenue growth. Despite this, analysts remain wary, questioning whether Apple AI would be a catalyst for Qorvo.
Qorvo QRVO News Analytics from Thu, 02 May 2024 07:00:00 GMT to Sat, 14 Dec 2024 12:11:59 GMT -
Rating -2
- Innovation -1
- Information 3
- Rumor -7
