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Shares of Broadcom Inc. (AVGO) inched 0.65% higher to $558.73 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.23% to 4,701.46 and the Dow Jones Industrial Average falling 0.03% to 35,804.38. This was the stock's second consecutive day of gains. Broadcom Inc. closed $18.48 short of its 52-week high ($577.21), which the company reached on November 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Taiwan Semiconductor Manufacturing Co. Ltd. ADR (2330.TW) fell 0.54% to $120.71, NVIDIA Corp. (NVDA) rose 2.92% to $326.74, and Intel Corp. (INTC) rose 1.34% to $49.76. Trading volume (1.0 M) remained 671,852 below its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 24, 2021.
(END) Dow Jones Newswires
November 24, 2021 16:38 ET (21:38 GMT)
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