Shares of Qualcomm rose by 5% in early trading on Wednesday after the Trump administration asked a federal appeals court to delay a ruling that would force the company to alter its licensing business. The effort puts the Trump Administration at odds with the Federal Trade Commission, which filed the lawsuit against Qualcomm over concerns of anti competitive practices.
Shares of Qualcomm rose by 5% in early trading on Wednesday after the Trump administration asked a federal appeals court to delay a ruling that would force the company to alter its licensing business. The effort puts the Trump Administration at odds with the Federal Trade Commission, which filed the lawsuit against Qualcomm over concerns of anti competitive practices.
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