This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Broadcom Inc. (AVGO) inched 0.25% higher to $515.41 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.21% to 35,677.02 and the S&P 500 Index falling 0.11% to 4,544.90. This was the stock's second consecutive day of gains. Broadcom Inc. hit a new 52-week high, surpassing its previous peak of $514.79, which the company reached on October 21st.
The stock outperformed some of its competitors Friday, as Taiwan Semiconductor Manufacturing Co. Ltd. ADR (2330.TW) fell 1.77% to $114.23, NVIDIA Corp. (NVDA) rose 0.15% to $227.26, and Intel Corp. (INTC) fell 11.68% to $49.46. Trading volume (1.5 M) remained 35,053 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 22, 2021.
(END) Dow Jones Newswires
October 22, 2021 16:39 ET (20:39 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.