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Shares of Broadcom Inc. (AVGO) slipped 1.81% to $540.80 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.10% to 34,429.88 and the S&P 500 Index falling 0.12% to 4,071.70. This was the stock's second consecutive day of losses. Broadcom Inc. closed $136.96 below its 52-week high ($677.76), which the company achieved on December 28th.
The stock underperformed when compared to some of its competitors Friday, as NVIDIA Corp. (NVDA) fell 1.51% to $168.76. Trading volume (1.9 M) remained 370,116 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2022.
(END) Dow Jones Newswires
December 02, 2022 16:40 ET (21:40 GMT)
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