Qorvo, Ford, Hewlett Packard Enterprise, HP shares drop on trade talk concerns

From StockStory.: 2025-04-08 17:52:00

Stocks dropped in the afternoon session as optimism over US-China trade talks faded with news of increased tariffs. Investors are concerned about slower growth and higher inflation if the trade standoff continues. Qorvo’s shares have been volatile, dropping 25.2% this year. The company reported weak third-quarter earnings due to lower-priced 5G smartphones impacting margins. Despite improved inventory levels, revenue missed expectations. The stock is trading 59.6% below its 52-week high. Consider investing in a semiconductor stock benefiting from AI.



Read more at StockStory.: Qorvo (QRVO) and Ford (F), Hewlett Packard Enterprise (HPE), HP (HPQ) Shares Plummet, What You Need To Know