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Shares of Broadcom Inc. (AVGO) inched 0.05% higher to $665.41 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.26% to 4,766.18 and Dow Jones Industrial Average falling 0.16% to 36,338.30. Broadcom Inc. closed $12.35 short of its 52-week high ($677.76), which the company reached on December 28th.
The stock outperformed some of its competitors Friday, as Taiwan Semiconductor Manufacturing Co. Ltd. ADR (2330.TW) fell 0.09% to $120.31, NVIDIA Corp. (NVDA) fell 0.59% to $294.11, and Intel Corp. (INTC) fell 0.46% to $51.50. Trading volume (1.2 M) remained 921,891 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 31, 2021.
(END) Dow Jones Newswires
December 31, 2021 16:38 ET (21:38 GMT)
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