This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Broadcom Inc. (AVGO) rose 1.43% to $674.28 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.38% to 4,791.19 and the Dow Jones Industrial Average rising 0.98% to 36,302.38. This was the stock's sixth consecutive day of gains. Broadcom Inc. hit a new 52-week high, surpassing its previous peak of $670.73, which the company reached on December 23rd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Taiwan Semiconductor Manufacturing Co. Ltd. ADR (2330.TW) rose 1.67% to $122.70, NVIDIA Corp. (NVDA) rose 4.40% to $309.45, and Intel Corp. (INTC) rose 1.23% to $51.94. Trading volume (1.9 M) remained 275,331 below its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 27, 2021.
(END) Dow Jones Newswires
December 27, 2021 16:39 ET (21:39 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.