Why Broadcom Stock Crashed Today
Shares of (NASDAQ: AVGO) turned lower on Wednesday, falling as much as 5.9%. As of 11:49 a.m. ET, the stock was still down 4.4%.
The catalyst that sent the semiconductor specialist lower was news that Marvell Technology (NASDAQ: MRVL) had struck a major deal with Broadcom's largest customer.
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Source Fool.com
Broadcom Ltd. Stock
€310.40
-5.420%
With 80 Buy predictions and not a single Sell prediction Broadcom Ltd. is an absolute favorite of our community.
With a target price of 393 € there is a positive potential of 26.61% for Broadcom Ltd. compared to the current price of 310.4 €.
