Himax, Broadcom, KLA Corporation, Impinj, and Qualcomm Stocks Trade Down, What You Need To Know

Himax, Broadcom, KLA Corporation, Impinj, and Qualcomm Stocks Trade Down, What You Need To Know

By Jabin Bastian
Publication Date: 2026-01-20 20:45:00

A number of stocks fell in the afternoon session after rising geopolitical tensions between the US and Europe over control of Greenland sparked a broad, risk-off mood in asset markets.

The sell-off was fueled by President Trump’s push for the U.S. to acquire Greenland, reviving fears of trade confrontations and new tariffs against European allies. The tech-heavy Nasdaq index saw significant declines, with the “Magnificent Seven” technology stocks, Nvidia, Apple, Alphabet, Amazon, Meta, Microsoft, and Tesla, all sliding to start the week. This widespread downturn among major tech players weighed heavily on the overall market as investors reacted to the escalating political rhetoric.

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The stock market overreacts to news, and large price drops can present good opportunities to buy high-quality stocks.

Among others, the following stocks were impacted:

Impinj’s shares are extremely volatile and have had 39 moves greater than…