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Shares of Broadcom Inc. (AVGO) shed 1.12% to $665.08 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.30% to 4,778.73 and Dow Jones Industrial Average falling 0.25% to 36,398.08. Broadcom Inc. closed $12.68 short of its 52-week high ($677.76), which the company achieved on December 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Taiwan Semiconductor Manufacturing Co. Ltd. ADR (2330.TW) fell 0.82% to $120.42, NVIDIA Corp. (NVDA) fell 1.38% to $295.86, and Intel Corp. (INTC) fell 0.17% to $51.74. Trading volume (1.1 M) remained 958,917 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2021.
(END) Dow Jones Newswires
December 30, 2021 16:39 ET (21:39 GMT)
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