This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Broadcom Inc. (AVGO) slid 2.02% to $523.11 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.51% to 4,551.68 and Dow Jones Industrial Average falling 0.74% to 35,490.69. The stock's fall snapped a four-day winning streak. Broadcom Inc. closed $11.88 below its 52-week high ($534.99), which the company reached on October 26th.
The stock underperformed when compared to some of its competitors Wednesday, as Taiwan Semiconductor Manufacturing Co. Ltd. ADR (2330.TW) fell 0.38% to $113.75, NVIDIA Corp. (NVDA) fell 1.08% to $244.51, and Intel Corp. (INTC) fell 0.81% to $47.89. Trading volume (2.3 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 27, 2021.
(END) Dow Jones Newswires
October 27, 2021 16:38 ET (20:38 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.