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Shares of Broadcom Inc. (AVGO) advanced 1.15% to $670.92 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.59% to 36,799.65 and the S&P 500 Index falling 0.06% to 4,793.54. Broadcom Inc. closed $6.84 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 Tuesday, as Taiwan Semiconductor Manufacturing Co. Ltd. ADR (2330.TW) rose 3.57% to $133.40, NVIDIA Corp. (NVDA) fell 2.76% to $292.90, and Intel Corp. (INTC) fell 0.13% to $53.14. Trading volume (2.1 M) remained 22,876 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 4, 2022.
(END) Dow Jones Newswires
January 04, 2022 16:39 ET (21:39 GMT)
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