Why Broadcom Stock Is Plummeting Today
(NASDAQ: AVGO) stock is falling rapidly in Friday's daily trading session. The company's share price was down 11.7% as of 3 p.m. ET.
After yesterday's market close, Broadcom published results for the fourth quarter of its last fiscal year -- a period that ended Nov. 2. The company posted sales and earnings for the period that topped Wall Street's expectations, but bearish momentum is surging in response to other performance indicators.
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Source Fool.com
Broadcom Ltd. Aktie
272,20 €
-1,11 %
Die Community bevorzugt Broadcom Ltd., mit deutlich mehr Buy- (91) als Sell-Einschätzungen (1).
Das Kursziel von 318 € für Broadcom Ltd. zeigt eine leichte Steigerung gegenüber dem aktuellen Kurs von 272.2 € an.
