Here’s Why Broadcom Inc. (AVGO) Gained But Lagged the Market Today

Broadcom Inc. (AVGO) closed the most recent trading day at $240.91, moving +0.25% from the previous trading session. This change lagged the S&P 500’s 0.61% gain on the day. At the same time, the Dow added 0.3%, and the tech-heavy Nasdaq gained 1.28%.

The chipmaker’s stock has climbed by 0.26% in the past month, falling short of the Computer and Technology sector’s gain of 1.24% and the S&P 500’s gain of 2.08%.

The investment community will be paying close attention to the earnings…