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Shares of Broadcom Inc. (AVGO) shed 1.25% to $455.40 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.61% to 32,033.28 and the S&P 500 Index falling 0.61% to 3,807.30. The stock's fall snapped a four-day winning streak. Broadcom Inc. closed $222.36 short of its 52-week high ($677.76), which the company reached 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) rose 0.18% to $60.95, NVIDIA Corp. (NVDA) rose 2.17% to $131.76, and Intel Corp. (INTC) fell 3.45% to $26.27. Trading volume (1.7 M) remained 657,528 below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 27, 2022.
(END) Dow Jones Newswires
October 27, 2022 16:39 ET (20:39 GMT)
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