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Qualcomm stock rises on $10 billion buyback plan

Qualcomm stock rises on $10 billion buyback plan

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Qualcomm Inc. QCOM, -1.59% shares rose in the extended session Tuesday after the chip maker said its board had authorized $10 billion in share repurchases. Qualcomm shares rose 1.6% after hours, following a 1.6% decline to close the regular session at $122.95.

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