Why Broadcom Stock Is Rising Today

(NASDAQ: AVGO) stock is gaining ground in Wednesday's trading. The company's share price was up 2.8% as of 2:40 p.m. ET and had been up as much as 5.6% earlier in the session.

Broadcom stock is moving higher today following the announcement of new product launches. The company's valuation is also on the rise thanks to investors betting that Nvidia will deliver another strong earnings report after the market closes today. At the time of this writing, Nvidia stock was up 1.9%.

Image source: Getty Images.

Source Fool.com

Broadcom Ltd. Aktie

Broadcom Ltd. muss heute leichte Verluste wegstecken. Die Aktie notiert im Vergleich zu gestern um -0,27 % tiefer.
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 274.5 € an.

Like: 0

AVGO

Teilen