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Shares of Broadcom Inc. (AVGO) advanced 2.18% to $524.42 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.87% to 3,991.73 and the Dow Jones Industrial Average rising 0.17% to 33,592.92. Broadcom Inc. closed $153.34 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 Tuesday, as Taiwan Semiconductor Manufacturing Co. Ltd. ADR (2330.TW) rose 10.52% to $80.46, NVIDIA Corp. (NVDA) rose 2.28% to $166.66, and Intel Corp. (INTC) rose 1.19% to $30.71. Trading volume (2.3 M) remained 104,111 below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2022.
(END) Dow Jones Newswires
November 15, 2022 16:38 ET (21:38 GMT)
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