Here’s Why Broadcom Inc. (AVGO) Fell More Than Broader Market

The latest trading session saw Broadcom Inc. (AVGO) ending at $200.94, denoting a -1.32% adjustment from its last day’s close. This change lagged the S&P 500’s daily loss of 0.64%. Elsewhere, the Dow lost 0.24%, while the tech-heavy Nasdaq lost 0.74%.

Shares of the chipmaker have appreciated by 39.2% over the course of the past month, outperforming the Computer and Technology sector’s gain of 3.67% and the S&P 500’s gain of 0.38%.

The upcoming earnings release of Broadcom Inc. will be…