Broadcom Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Broadcom Inc. (AVGO) inched 0.62% higher to $601.30 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.61% to 4,111.08 and Dow Jones Industrial Average falling 0.10% to 33,891.02. Broadcom Inc. closed $44.01 below its 52-week high ($645.31), which the company reached on March 29th.
The stock outperformed some of its competitors Monday, as NVIDIA Corp. (NVDA) fell 0.05% to $210.89. Trading volume (1.9 M) remained 475,666 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 6, 2023.
(END) Dow Jones Newswires
February 06, 2023 16:39 ET (21:39 GMT)
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