Qorvo

78.12

-1.1100-1.40%

Post-market: 78.120.00000.00%18:34 EDT

Volume:2.09M

Turnover:164.24M

Market Cap:7.27B

PE:134.69

High:80.64

Open:79.88

Low:77.52

Close:79.23

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Overview Company News Filings

Concept

Apple Concept-0.59%

5G Concept-0.68%

ETF & Stock Investment-0.41%

Fractional Shares-0.41%

Capital Flow

Inflow:

Outflow:

News

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The growing need for faster connections, low latency, and efficient battery life in wirelessly connected devices has been driving the demand for WiFi-enabled hotspots.The democratization of 5G smartphones has been a tailwind for the industry participants. Nevertheless, industry players are facing a challenging demand environment that has resulted in inventory buildup. Sluggish capital spending by telecom carriers has been a headwind. Industry participants are suffering from heightened global macroeconomic uncertainties. 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