After sell-offs yesterday, Broadcom(NASDAQ: AVGO) stock rebounded in Friday’s trading. The company’s share price ended the day’s trading up 5.4%. Meanwhile, the S&P 500(SNPINDEX: ^GSPC) and the Nasdaq Composite(NASDAQINDEX: ^IXIC) climbed 1.8% and 2.1%, respectively.
Broadcom stock posted significant gains amid a day of rebound trading for the broader market. The company’s share price also appears to have gotten a boost from new analyst coverage — even though that coverage arrived with a…
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