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Shares of Broadcom Inc. (AVGO) inched 0.45% higher to $565.77 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.00% to 4,682.80 and Dow Jones Industrial Average falling 0.04% to 36,087.45. This was the stock's third consecutive day of gains. Broadcom Inc. closed $0.07 below its 52-week high ($565.84), which the company reached on November 12th.
The stock outperformed some of its competitors Monday, as Taiwan Semiconductor Manufacturing Co. Ltd. ADR (2330.TW) fell 0.48% to $118.12, NVIDIA Corp. (NVDA) fell 1.20% to $300.25, and Intel Corp. (INTC) rose 0.02% to $50.32. Trading volume (1.4 M) remained 258,728 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2021.
(END) Dow Jones Newswires
November 15, 2021 16:38 ET (21:38 GMT)
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