This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Broadcom Inc. (AVGO) shed 2.65% to $533.23 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.89% to 4,397.94 and Dow Jones Industrial Average falling 1.30% to 34,265.37. This was the stock's seventh consecutive day of losses. Broadcom Inc. closed $144.53 below 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 Friday, as Taiwan Semiconductor Manufacturing Co. Ltd. ADR (2330.TW) fell 2.96% to $124.53, NVIDIA Corp. (NVDA) fell 3.21% to $233.74, and Intel Corp. (INTC) remained unchanged. Trading volume (3.8 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 21, 2022.
(END) Dow Jones Newswires
January 21, 2022 16:39 ET (21:39 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.