Why Broadcom Stock Is Skyrocketing Today | The Motley Fool

Why Broadcom Stock Is Skyrocketing Today | The Motley Fool

Broadcom (AVGO 18.31%) stock posted explosive gains in Wednesday’s trading amid a dramatic recovery for the broader market. The company’s share price closed at 18.3% in the daily session. Meanwhile, the S&P 500 (^GSPC 9.52%) and the Nasdaq Composite (^IXIC 12.16%) ended the day’s trading with gains of 9.5% and 12.1%, respectively.

Stocks surged today after President Trump announced a 90-day pause on reciprocal tariffs. Excluding China, imported goods from all…

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