Broadcom Inc. Stock Falls Monday, Underperforms Market

Universal Health Realty Income Trust

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UHT Universal Health Realty Income Trust

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Real Estate : Equity Real Estate Investment Trusts (REITs) | Small Cap Blend

Company profile

Universal Health Realty Income Trust is a real estate investment trust. The Company invests in health care and human service related facilities, including acute care hospitals, behavioral health care hospitals, specialty facilities, free-standing emergency departments, childcare centers, and medical/office buildings. The Company’s portfolio consists of approximately 75 real estate investments or commitments located in approximately 21 states in the United States consisting of approximately six hospital facilities, including three acute care and three behavioral health care; approximately fifty-eight medical/office buildings; approximately four free-standing emergency departments; and approximately four preschool and childcare centers, and approximately three specialty facilities. The Company’s portfolio includes McAllen Medical Center, Wellington Regional Medical Center, Canyon Creek Behavioral Health and Clive Behavioral Health Hospital.

Broadcom Inc. Stock Falls Monday, Underperforms Market

4:38 pm ET November 14, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Broadcom Inc. (AVGO) slipped 0.94% to $513.22 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.89% to 3,957.25 and Dow Jones Industrial Average falling 0.63% to 33,536.70. The stock's fall snapped a two-day winning streak. Broadcom Inc. closed $164.54 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 Monday, as Taiwan Semiconductor Manufacturing Co. Ltd. ADR (2330.TW) fell 1.40% to $72.80, NVIDIA Corp. (NVDA) fell 0.20% to $162.95, and Intel Corp. (INTC) fell 0.26% to $30.35. Trading volume (1.9 M) remained 535,696 below its 50-day average volume of 2.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 14, 2022.

(END) Dow Jones Newswires

November 14, 2022 16:38 ET (21:38 GMT)