Broadcom Inc. (AVGO) closed at $206.34 in the latest trading session, marking a -0.49% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.47% for the day. At the same time, the Dow lost 0.31%, and the tech-heavy Nasdaq lost 0.51%.
The the stock of chipmaker has fallen by 10.56% in the past month, lagging the Computer and Technology sector’s loss of 0.19% and the S&P 500’s gain of 1.67%.
The upcoming earnings release of Broadcom Inc. will be of…
Article Source
https://finance.yahoo.com/news/broadcom-inc-avgo-declines-more-224520990.html