Qualcomm stock heads for 4 1/2-year high as analysts upgrade on Apple settlement
Shares of Qualcomm Inc. QCOM, +23.21% are up 8.4% in premarket trading Wednesday and on track to open at their highest levels in four and a half years amid continued enthusiasm for the company's settlement with Apple Inc. AAPL, +0.01% in a series of long-running patent disputes. Qualcomm shares rocketed up 23% in Tuesday's session after the companies announced they were ending all worldwide litigation between each other. Evercore ISI analyst C.J.
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