Only seven American companies are worth $1 trillion or more, so it’s an ultra-exclusive club. But getting there is only half the battle, because investors can be unforgiving during times of uncertainty. Broadcom (NASDAQ: AVGO) and Tesla have discovered that firsthand — they both dropped out of the trillion-dollar club this year.
Broadcom stock is currently down 22% from the record high it set in December. With a market capitalization of $911 billion (as of this writing), it still…
Article Source
https://finance.yahoo.com/news/super-semiconductor-stock-just-dropped-085600121.html