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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.

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Source Fool.com

Broadcom Ltd. Stock

€337.80
0.490%
The Broadcom Ltd. stock is trending slightly upwards today, with an increase of €1.65 (0.490%) compared to yesterday's price.
With 82 Buy predictions and not a single Sell prediction Broadcom Ltd. is an absolute favorite of our community.
With a target price of 396 € there is a slightly positive potential of 17.23% for Broadcom Ltd. compared to the current price of 337.8 €.
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