In Tuesday’s Blitz Daily with Lance Ippolito, we take a look at semiconductor company Qualcomm after a spike in bullish activity.
It’s nice to see some bullish flow on an otherwise nasty day for tech stocks.
Shares of QCOM jumped as much as 7% on Tuesday after an analyst report claimed Apple won’t be able to produce enough 5G modem chips for its iPhones, leaving Qualcomm in a position to pick up the slack..
The speculation helped drive a surge of volume into Qualcomm stock and options trades on Tuesday!
Of course that’s not the only name hitting the tape Tuesday…
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