Why Broadcom Stock Fell Today
(NASDAQ: AVGO) stock slipped in Friday's trading. The semiconductor company's share price ended the daily session down 1.5% and had been down as much as 3.5% earlier in trading. The S 500 closed the day up 0.2%, and the Nasdaq Composite was up 0.6%.
Broadcom's valuation today lost ground today in response to an earnings report from another major player in the semiconductor market. Despite the pullback, the stock is still up 33% over the last year.
Image source: Getty Images.
Source Fool.com
Broadcom Ltd. Aktie
269,85 €
-2,73 %
Die Broadcom Ltd. Aktie genießt hohe Beliebtheit: Mehr Buy- (91) als Sell-Einschätzungen (1).
Ein Kursziel von 318 € für Broadcom Ltd. signalisiert ein leicht positives Potenzial gegenüber dem aktuellen Kurs von 269.85 €.
