Broadcom and QLogic have been stand-outs in recent Nasdaq trading – Broadcom in a positive way, QLogic by plummeting.
Broadcom’s victories in patent disputes with archrival chip maker Qualcomm of San Diego have helped the Irvine chip maker. It’s 12.6 percent above its average share price for the past 50 days, according to calculations by Bespoke Investment Group. Its shares closed Friday at $35.85, up 43 percent from a year ago.
Data storage equipment maker QLogic of Aliso Viejo is down 22.6 percent in that listing. It hasn’t recovered from the aftershocks of announcing a 10 percent drop in first-quarter profit last month and its forecast of a worse current quarter than analysts expected. Its shares closed Friday at $12.51, down 28 percent from a year ago.
