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Shares of Broadcom Inc. (AVGO) inched 0.93% higher to $514.15 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.30% to 4,549.78 and the Dow Jones Industrial Average falling 0.02% to 35,603.08. Broadcom Inc. hit a new 52-week high, surpassing its previous peak of $513.43, which the company reached on October 20th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Taiwan Semiconductor Manufacturing Co. Ltd. ADR (2330.TW) rose 0.61% to $116.29, NVIDIA Corp. (NVDA) rose 2.66% to $226.92, and Intel Corp. (INTC) rose 1.14% to $56.00. Trading volume (1.2 M) remained 389,089 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 21, 2021.
(END) Dow Jones Newswires
October 21, 2021 16:38 ET (20:38 GMT)
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