TripAdvisor Rises 15%, Qualcomm Falls 8% - Adviser Investments

TripAdvisor Rises 15%, Qualcomm Falls 8%

Vice President Josh Jones has the market analysis for Thursday, November 8. Major U.S. stock indexes saw minimal movement and posted mixed results today, with the Dow Jones Industrial Average advancing fractionally and the S&P 500 and NASDAQ down 0.3% and 0.5%, respectively. Meanwhile, TripAdvisor’s stock rose more than 15% to its highest price since July 2016 after beating earnings estimates with a 20% year-over-year advance from its non-hotel segment. Telecom manufacturer Qualcomm, on the other hand, fell more than 8% after reporting a nearly $500 million loss and 16% surge in expenses during the third quarter.

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