Broadcom stock drops 3.23% as bearish momentum prevails despite strong AI revenue growth

Broadcom Inc.


AVGO

$301.27




Broadcom Inc.

Change (24h)


2.63%




Market Cap.
$1.43T


Volume (24h)
$23.52M

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is trading at $299.43 after a decline of $9.99 or 3.23% today, finishing near the intraday low of $300.48 within the day’s $300.48 – $307.46 volatility band. The asset sits below its SMA-20 ($324.10), SMA-50 ($328.10), and SMA-200 ($326.45), maintaining a broadly bearish stance relative to its key moving averages.