The stock's fall snapped a two-day winning streak.
Qorvo Inc. closed 30.86% below its 52-week high of $130.99, which the company achieved on July 16th.
Stock futures are slightly higher Thursday morning after two straight days of gains have taken major indexes back near all-time highs.
Apple stock rises after falling Thursday by 4%, the most since August, Qorvo stock jumps following a report that activist Starboard Value has amassed a large stake in the chip maker, and SLB stock ...
Shares of Qorvo rose more than 13% in afternoon ... The S&P 500 rose 0.9%. The Dow Jones Industrial Average gained 304 points, or 0.7%. The tech-heavy Nasdaq Composite gained 1.5%.