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Shares of Broadcom Inc. (AVGO) slid 0.16% to $521.39 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.01% to 33,852.53 and the S&P 500 Index falling 0.16% to 3,957.63. This was the stock's third consecutive day of losses. Broadcom Inc. closed $156.37 below its 52-week high ($677.76), which the company achieved on December 28th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as NVIDIA Corp. (NVDA) fell 1.19% to $156.39. Trading volume (1.3 M) remained 977,373 below its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 29, 2022.
(END) Dow Jones Newswires
November 29, 2022 16:40 ET (21:40 GMT)
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