Qualcomm Cofounder's Granddaughter Sells Up to $2 Million in QCOM Stock Near Record High

Qualcomm Cofounder's Granddaughter Sells Up to $2 Million in QCOM Stock Near Record High

Congresswoman Sara Jacobs (D-California) disclosed selling shares in Qualcomm Inc. (NASDAQ: QCOM) in two separate transactions on May 20, with each trade valued between $500,000 and $1 million, bringing the combined total to somewhere between $1 million and $2 million. The trades are drawing heightened attention because of Jacobs’ direct family connection to the company whose shares she offloaded. Her grandfather, Irwin Jacobs, is a co-founder a…