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Shares of Broadcom Inc. (AVGO) shed 0.21% to $557.80 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.35% to 4,685.25 and Dow Jones Industrial Average falling 0.31% to 36,319.98. The stock's fall snapped a five-day winning streak. Broadcom Inc. closed $6.09 short of its 52-week high ($563.89), which the company achieved on November 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Taiwan Semiconductor Manufacturing Co. Ltd. ADR (2330.TW) rose 0.72% to $121.78, NVIDIA Corp. (NVDA) fell 0.48% to $306.57, and Intel Corp. (INTC) fell 0.68% to $51.20. Trading volume (1.6 M) remained 84,283 below its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 9, 2021.
(END) Dow Jones Newswires
November 09, 2021 16:38 ET (21:38 GMT)
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