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Shares of Broadcom Inc. (AVGO) slid 1.89% to $553.68 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.90% to 4,567.00 and Dow Jones Industrial Average falling 1.86% to 34,483.72. Broadcom Inc. closed $23.53 short of its 52-week high ($577.21), which the company achieved on November 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Taiwan Semiconductor Manufacturing Co. Ltd. ADR (2330.TW) fell 1.79% to $117.15, NVIDIA Corp. (NVDA) fell 2.10% to $326.76, and Intel Corp. (INTC) fell 1.60% to $49.20. Trading volume (2.2 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 30, 2021.
(END) Dow Jones Newswires
November 30, 2021 16:38 ET (21:38 GMT)
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